1. If this brings bank reserves below their prudent ratio, banks will reduce advances. 2. And bank reserves have dwindled significantly. 3. Bank reserves are high. 4. Bonds also got a lift after the Fed said it was buying Treasury securities to alleviate a seasonal shortage of bank reserves caused by an influx of tax payments. 5. Big Taiwan banks began a new round of interest-rate cuts to spur lending as economic growth slows and bank reserves pile up. 6. Additionally, the Fed refrained from altering bank reserve requirements, a third weapon in its monetary policy arsenal -- and the most rarely used. 7. Additionally, the Fed refrained from altering bank reserve requirements, a third weapon in its monetary policy arsenal --and the most rarely used. 8. Concrete evidence that prices are falling or that bank reserves are dipping to dangerous levels, threatening a credit crunch. 9. However, bank Governor Sheu Yuan-dong earlier this month ruled out reducing the bank reserve. 10. Philippine stocks rose, paced by property companies, on hopes that a cut in bank reserves will lead to lower borrowing costs. |