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  • Banks Warn Fed They May Have To Start Charging Depositors

    11/24/2013 8:57:51 PM PST · by blam · 17 replies
    Zero Hedge ^ | 11-24-2013 | Tyler Durden
    Banks Warn Fed They May Have To Start Charging Depositors Tyler Durden 11/24/2013 15:24 -0500 The Fed's Catch 22 just got catchier. While most attention in the recently released FOMC minutes fell on the return of the taper as a possibility even as soon as December (making the November payrolls report the most important ever, ever, until the next one at least), a less discussed issue was the Fed's comment that it would consider lowering the Interest on Excess Reserves to zero as a means to offset the implied tightening that would result from the reduction in the monthly flow...