![I noticed that banks have dramatically increased their excess reserve holdings. Is this buildup of reserves related to monetary policy? – Education I noticed that banks have dramatically increased their excess reserve holdings. Is this buildup of reserves related to monetary policy? – Education](https://www.frbsf.org/wp-content/uploads/sites/2/drecon_0310b.png)
I noticed that banks have dramatically increased their excess reserve holdings. Is this buildup of reserves related to monetary policy? – Education
![Fed's Balance Sheet Liabilities: RRPs Plunge, Reserves Rise after Bank Panic, Currency in Circulation Dips after Pandemic Spike, TGA Gets Refilled | Wolf Street Fed's Balance Sheet Liabilities: RRPs Plunge, Reserves Rise after Bank Panic, Currency in Circulation Dips after Pandemic Spike, TGA Gets Refilled | Wolf Street](https://wolfstreet.com/wp-content/uploads/2023/09/US-Fed-liabilities-2023-09-16-reverse-repos-MMF-monthly.png)
Fed's Balance Sheet Liabilities: RRPs Plunge, Reserves Rise after Bank Panic, Currency in Circulation Dips after Pandemic Spike, TGA Gets Refilled | Wolf Street
![Liabilities and Capital: Liabilities: Deposits (Less Eliminations from Consolidation): Wednesday Level (WLDLCL) | FRED | St. Louis Fed Liabilities and Capital: Liabilities: Deposits (Less Eliminations from Consolidation): Wednesday Level (WLDLCL) | FRED | St. Louis Fed](https://fred.stlouisfed.org/graph/fredgraph.png?width=880&height=440&id=WLDLCL)