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A comment on Federal Reserve to increase interest rates by 75 basis points for the third time. Parent comment

Re:Federal Reserve to increase interest rates by 75 basis po... by qeternity on Wednesday September 21, 2022 @05:13PM (#32931604)
I’m not sure you understand how this works. It’s not a common misconception, it’s literally FRB.

The bank might turn around and borrow from the Fed and use the deposits as reserves, but that has more to do with rates markets and nothing to do with FRB.

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Re:Federal Reserve to increase interest rates by 75 basis po... by nine_zeros on Wednesday September 21, 2022 @06:16PM (#32932305)
This video series might help more: https://www.youtube.com/watch?v=KvpbQlQwl0A
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