Interest Rate on Reserve Balances (IORB Rate)

Started by Pallas_Boreas, 2026-Aug-07, 02:58:22

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Pallas_Boreas

2026-Aug-07, 02:58:22 Last Edit: 2026-Aug-07, 03:16:32 by Pallas_Boreas
QuoteThe interest rate on reserve balances (IORB rate) is the rate of interest that the Federal Reserve pays on balances maintained by or on behalf of eligible institutions in master accounts at Federal Reserve Banks. The interest rate is set by the Board of Governors, and it is an important tool of monetary policy.

Link: https://fred.stlouisfed.org/series/IORB
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