The actual required reserve ratio set by the Fed in 2003 for bank deposits in excess of $42.1 million is

Name: The actual required reserve ratio set by the Fed in 2003 for bank deposits in excess of $42.1 million is
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The Federal Reserve set the required reserve ratio at 10% for bank deposits in excess of a certain threshold, which was $42.1 million in 2003. This ratio is part of the Fed's monetary policy tools to control the amount of money banks can lend.

The Actual Required Reserve Ratio Set by the Fed in 2003