Word of the Week: Discount Rate

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.

X
Facebook
LinkedIn

Related Posts

Markets hate uncertainty, and the escalating conflict in Iran—now involving U.S.-Israel strikes and threats to oil shipping lanes—is delivering plenty

Contact Us

Schedule a Free 15-Minute Call

Contact Us