Jacobs, head of markets at the Reserve Bank of Australia, said the move to
Abundant reserves entails shifting from a system in which the central bank sets
reserve quantities to one in which the banking system determines them.
2026-08-25
Jacobs, head of markets at the Reserve Bank of Australia, said the move to
Abundant reserves entails shifting from a system in which the central bank sets
reserve quantities to one in which the banking system determines them.