Federal Reserve Board releases results of survey of senior financial officers at banks regarding their reserve balance management strategies and practices

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Federal Reserve Board releases results of survey of senior financial officers at banks regarding their reserve balance management strategies and practices

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The following press release was published by the Board of Governors of the Federal Reserve System on Nov. 29, 2018. It is reproduced in full below.

The Federal Reserve Board on Thursday released results of a survey of senior financial officers at banks regarding their reserve balance management strategies and practices. The Senior Financial Officer Survey has been used on occasion by the Board to obtain information about deposit pricing and behavior, bank liability management, the provision of financial services, and reserve management strategies and practices. The most recent survey was conducted in collaboration with the Federal Reserve Bank of New York between Aug. 29, 2018, and Sept. 12, 2018, and includes responses from banks that held roughly two-thirds of total reserve balances at the time of the survey.

Information about the survey is available on the Board's website. The September 2018 survey is attached.

For media inquiries, call 202-452-2955.

Source: Board of Governors of the Federal Reserve System

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