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.
NY Governor Kathy Hochul recently signed legislation that dramatically expands what 529 funds can be used for. Part of the
