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The Federal Reserve Eliminated Reserve Requirements for All Depository Institutions in 2020


Claim: The Federal Reserve Eliminated Reserve Requirements for All Depository Institutions in 2020
Rating: True
Finding: Announced on March 15, 2020, and effective March 26, 2020, the Federal Reserve Board reduced the reserve requirement ratios to zero percent.

Redpill Rating: COMPLETE REDPILL(true)
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Announced on March 15, 2020, and effective March 26, 2020, the Federal Reserve Board reduced the reserve requirement ratios to zero percent. This action eliminated reserve requirements for all depository institutions (ie banks).


Links to Evidence:


Redpill Rating: COMPLETE REDPILL(true)
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