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.
Tale Source: Fidelity.com Location: Defined in the Merriam-Webster Dictionary as, “a position or site occupied or available for occupancy or