Directors at two-thirds of the Federal Reserve's regional banks voted to leave the interest rate charged to commercial banks ...
In regulatory cost benefit analysis the discount rate translates future value to present terms. Regulatory costs, such as investments in pollution control equipment or redesigning nutrition labels, ...
The basic business of banking involves taking money into certificates of deposit and checking and savings accounts and lending it out at higher interest rates while maintaining federally mandated ...
The discount rate is the interest rate the Federal Reserve Banks set on secured overnight loans to depository institutions. The Federal Reserve Bank of New York’s discount rate was 1.00 percent from ...