Series 52: 7.4.2.2. Discount Rate

Taken from our Series 52 Online Guide

7.4.2.2. Discount Rate

The Federal Reserve also implements monetary policy through discount window lending. The Fed lends funds to banks and depository institutions directly from its lending facility (the discount window), at a rate set by Federal Reserve banks and approved by the Board of Governors of the Federal Reserve System. This rate is called the

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