Modern banks in the United States keep reserves:

Question

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Modern banks in the United States keep reserves in the form of deposits at the Federal Reserve. This is a requirement set by the central bank to ensure that banks have adequate funds to cover their liabilities and to maintain stability in the financial system. Reserves can also be kept in accounts with other banks, but the primary source of reserves for banks is their deposits with the Federal Reserve.

Modern Banks in the United States Keep Reserves