May 31, 2024
Federal Reserve Board releases results of survey of senior financial officers at banks about their strategies and practices for managing reserve balances
For release at 11:00 a.m. EDT
The Federal Reserve Board on Friday released results of a survey of senior financial officers at banks about their strategies and practices for managing reserve balances. The Senior Financial Officer Survey is used by the Board to obtain information about banks' reserve balance management strategies and practices, their deposit pricing strategies, and their expectations for potential changes in both the size and composition of their balance sheets. The most recent survey was conducted in collaboration with the Federal Reserve Bank of New York between March 22, 2024, and April 5, 2024, and includes responses from banks that held more than three quarters of total banking system reserve balances at the time of the survey.
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