| 单词 | lagged reserve requirement |
| 释义 | lagged reserve requirement = LRR A requirement of the US Federal Reserve Banks from the 1960s to the mid-1980s in which local banks had to leave with them deposits reflecting the local banks' own deposits two weeks earlier. This was a crude method of monetary control, which has now been superseded by the system of contemporaneous reserves (excluding time deposits, which are still subject to the two-week lag). |
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