Series 3: 6.1.6.2.2. Discount Rate

Taken from our Series 3 Online Guide

6.1.6.2.2. 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. This rate is called the d

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