Reserve requirements are not the whole picture, there are also capitalisation requirements. The reserve rate is now zero because it's no longer the favoured me

Reserve requirements are not the whole picture, there are also capitalisation requirements. The reserve rate is now zero because it's no longer the favoured mechanism. https://www.federalreserve.gov/supervisionreg/large-bank-capital-requirements.htm https://www.federalreserve.gov/supervisionreg/large-bank-cap...