Certainly, there are all too many banks out there, fearful of the holes that are their balance sheets, that will continue to hoard their excess reserves, happy to earn the 25 basis points the Federal Reserve pays on those reserves.
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The Federal Reserve said household debt rose 0.25% on an annualized basis in the fourth quarter of 2011, the Federal Reserve said.
Russia raised reserve requirements by 50 basis points for domestic assets and 100 basis points on foreign assets, which means less liquidity, in theory, and a weaker rouble.
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Banks now get a 25 basis point interest rate return on their reserve deposits with Federal Reserve Banks, including their excess reserves.
For now, the market seemingly has taken a 25-basis-point rate cut by the Reserve Bank of India last month positively, analysts said.
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President Bush could help to once and for all pop the oil-price bubble by selling oil from the Strategic Petroleum Reserve on a more regular basis.
Implied yields fell between two and 10-basis points at further maturities as dealers predicted the Reserve Bank would be more likely than not to loosen policy at some point.
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All this despite a slew of government interventions this week, including synchronized 50-basis-point interest rate cuts by the Federal Reserve, the European Central Bank and several other central banks, including China's.
The housing market downturn that sparked a global credit crunch have forced the Federal Reserve to aggressively cut interest rates by 225 basis points since mid-September.
The Reserve Bank of Australia raised interest rates by 25 basis points, to 6.25%.
The Fed, ECB, BoJ, BoE, SNB and the Bank of Canada lowered interest rates 50 basis points on dollar swaps, and China lowered its required reserve ratio by 50 bps, the first cut since 2008.
Historically, the Federal Reserve has provided audited financial statements on an annual basis, but given the unprecedented stimulus efforts undertaken in response to the 2008 financial crisis, the central bank is now offering a more regular update on its bottom line.
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But clearly, the Federal Reserve has moved far beyond this little rubric as goes the basis of its operations.
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The Reserve Bank of Australia lowered their key interest rate by 25 basis points to a record low of 2.75%, pressuring the Australian dollar.
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The Federal Reserve already increases and decreases the base money supply on a daily basis.
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It has been estimated on the basis of the amount of indium in zinc ore stocks, there is a world reserve base of 6, 000 tonnes.
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Since October, the Reserve Bank of India had already slashed its key lending rate by 350 basis points, as part of a series of calibrated moves aimed at boosting liquidity and the sluggish economy.
According to the Federal Reserve, the half that goes to homeowners adds up to a mere seven basis points on mortgages.
The Federal Reserve gave Wall Street Christmas in September this afternoon, cutting the Fed Funds rate by 50 basis points to 4.75%, and indicating further cuts could come.
The markets are broadly anticipating that the Federal Reserve will lower the fed funds rate, as well as the discount rate, by 25 basis points later this afternoon, and there is little reason to think Wednesday's GDP figure will change that.
The Federal Reserve gave Wall Street an early Christmas present this afternoon, cutting the Fed Funds rate by 50 basis points to 4.75%, and indicating further cuts could come.
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