When the Fed buys U.S.government securities from a bank,that bank's excess reserves and total reserves increase,but there is no change in required reserves.

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When the Fed buys U.S. government securities from a bank, it credits the bank's reserve account with the amount of the purchase. This increases the bank's total reserves and excess reserves, but there is no change in the required reserve ratio set by the Fed.

When the Fed Buys U