In fact they decide on how to set interest rates and borrowing requirements for member banks.
事实上,他们决定如何制定利率,和会员银行的法定准备金率。
One of the things that the Federal Reserve does is it sets reserve requirements for banks.
一个联邦储备银行做的事是,它给银行设定了法定准备金率。
Small banks have lower reserve requirements but it rapidly gets up to a standard.
小银行有低一些的法定准备金率,但是这个比率快速的上升到一个新的标准。
Reserve requirements are like what the Bank of England did or the Suffolk Bank did long ago.
法定准备金率就像,英格兰银行做的那样,或是Suffolk银行之前做的一样。
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