BANKING: Easy Money

Reserve requirements of U.S. banks will probably be eased before fall.

Federal Reserve officials let the word leak out this week. One effect, desired by the Treasury, is to make it easier for the war industries to borrow. Second effect will be to keep money cheap for the government itself, the largest borrower in the world.


Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!