Your English writing platform
Discover LudwigSuggestions(5)
Exact(58)
"It's a supplementary measure to the reserve requirement ratio increase they announced earlier.
Now, suppose the reserve requirement were reduced by about six percentage points.
It was the third increase in the banks' so-called reserve requirement ratio this year.
A first rise in the so-called "reserve requirement ratio" for banks came in mid-January.
The government has raised the reserve requirement seven times since January 2010.
Economists at Nomura likewise forecast more reserve requirement cuts for lenders.
2. To counteract a recession, the Federal Reserve should A. raise the reserve requirement and the discount rate.
The reserve requirement ratio determines the level of reserves a bank must hold in cash or deposits.
A higher reserve requirement means less money will be available for loans, which would slow economic growth.
It is widely expected to cut interest rates further and/or lower reserve requirement ratios for all banks this year.
This, they said, would lead to more decisive easing, including another cut in the reserve requirement ratio.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com