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b. What was the value of the Interest Rate on Excess Reserves at the end of 2019 and what is the value today? Note this
b. What was the value of the \"Interest Rate on Excess Reserves\" at the end of 2019 and what is the value today? Note this is the interest rate the Fed pays to banks on reserves in excess of what is required. Read more here (htt s: fredbio .stlouisfed.or 2018 06 a in -interest-on-excess-reserves ? utm source=series page&utm medium=related content&utm term=related resources &utm campaign=fredblog ). Briey explain how this change is expected to affect the monetary growth rate. -.I u n I n ._ .. .- u.\"n
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