Examlex
What is the purpose of the check valve in a vacuum power brake system?
Excess Reserves
Banks' reserves held at the central bank over and above the required minimum, which can influence the banks' ability to lend and thus affect the money supply.
Federal Reserve System
The central banking system of the United States, responsible for monetary policy, regulation of banks, and maintaining financial stability.
Federal Funds Rate
The interest rate at which depository institutions lend reserve balances to other depository institutions overnight, on an uncollateralized basis.
Required Reserves
The minimum amount of funds that banks must hold in reserve against deposits, as mandated by the central bank.
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