Discount rate – the rate at which commercial member banks can borrow funds from the Federal Reserve to meet reserve requirements. This rate is used to control the money supply.
Discount rate – the rate at which commercial member banks can borrow funds from the Federal Reserve to meet reserve requirements. This rate is used to control the money supply.
Level’s Chief Investment Officer and Partner, Steven Elwell, CFP® joined WIVB News 4 to discuss today’s market decline and what
