Question 15: According to Chapter 15, before the 2008 Financial Crisis, the Federal Reserve never paid banks on any interest on their excess reserves that they had on deposit at the Federal Reserve. But what changes after the 2008 Financial Crisis? Muitiple Choice The Fed octuelly charged banks 0.25 percent fee on all of their excess reserves. The Fed was trying to put pressure on US banks to innd money during the recessionary and economically slugoish times of 2008 to 2012 ond eharged bonks a high 10 percent fee to eny bank thet hod more than half of their totol deposits ot the Federal Reserve The Federal Reserve ttorted to poy the bonks a low. level of interest on their excess reserve deposits at the Federal Reserve. Nothing changed - The Fed sull paid no interest on excess reserve depohts Question 15: According to Chapter 15, before the 2008 Financial Crisis, the Federal Reserve never paid banks on any interest on their excess reserves that they had on deposit at the Federal Reserve. But what changes after the 2008 Financial Crisis? Muitiple Choice The Fed octuelly charged banks 0.25 percent fee on all of their excess reserves. The Fed was trying to put pressure on US banks to innd money during the recessionary and economically slugoish times of 2008 to 2012 ond eharged bonks a high 10 percent fee to eny bank thet hod more than half of their totol deposits ot the Federal Reserve The Federal Reserve ttorted to poy the bonks a low. level of interest on their excess reserve deposits at the Federal Reserve. Nothing changed - The Fed sull paid no interest on excess reserve depohts