Fed Discount Rate
Published on February 19, 2010 by
Fed Discount Rate – The U.S. Federal Reserve Thursday raised the rate it charges banks for emergency loans by a quarter percentage point, but emphasized that the step didn’t represent a broader tightening of credit. In a widely expected move, the U.S. central bank said the increase in the discount rate to 75 basis points [...]
Tags: Basis Points, Closure, Commercial Banks, Emergency Funds, Emergency Loans, Fed Discount Rate, Fed Funds Rate, Fed Officials, Federal Reserve, Financial Crisis, Financial Markets, Gap, Normalization, Overnight Loans, Percentage Point, Point Gap, S Central, Targets
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