But the time will come when the banks will want to use their excess reserves to support more profitable lending. The Fed will then need to raise the interest rate that it pays on excess reserves to limit the extent to which the commercial banks can draw down those reserves to create additional lending and deposits.
但总有一天银行会希望将超额准备金用于支持利润更丰厚的借贷活动。到那时，美联储将需要提高其向超额准备金提供的利率以遏制商业银行削减准备金、创造更多贷款和存款的冲动。