McDonald's president who made $7.4 million last year says proposal to pay fast-food workers $22 an hour is 'costly and job-destroying'
When laughter meets percussion
- By - BlankVerse
Does the fed pay interest on excess reserves? Right now the interest rate on reserves is 4.40%, and effective fed funds rate is 4.33%. If the fed pays interest on excess reserves, what would the incentive be to loan out reserves at a lower rate instead of just holding them with the fed?
- By - Worried-Release9650