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.
After yesterday’s huge rally on the stock market, Mike Angelucci, CFP® discusses tariffs, trade deals with China, and things to
