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。

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One form of monetary policy that the Fed does is they can change these reserve requirements.

美联储制定的一种货币政策形式是,他们可以改变法定准备金率。

耶鲁公开课 - 金融市场课程节选

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。

耶鲁公开课 - 金融市场课程节选

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。

耶鲁公开课 - 金融市场课程节选

Banks still are vulnerable to bank runs because they still have deposits so the system is still vulnerable and therefore the Federal Reserve has a set of reserve requirements.

银行仍然对银行挤兑敏感,因为它们仍然有存款,所以这个系统还是比较脆弱的，因此,联邦储备金有一系列的法定准备金率。

耶鲁公开课 - 金融市场课程节选

The reserve requirement now is 10% 10% on demand deposits so they're forced to keep those reserves and much of that is in the form of deposits at the Federal Reserve Banks.

现在的法定准备金率%,在活期存款上是,所以它们被强迫持有这些准备金,并且一大部分是在联邦储备银行,存着的。

耶鲁公开课 - 金融市场课程节选

Now the reserve requirement is progressive.

现在这个法定准备金率是逐步上升的。

耶鲁公开课 - 金融市场课程节选

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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