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 Mike Angelucci, CFP® discusses interest rates, investor sentiment and what people should consider for the December trading month Click
