Why does the Fed not use the discount rate to conduct monetary policy? How does the Fed
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Why does the Fed not use the discount rate to conduct monetary policy? How does the Fed use the discount rate?
Discount RateDepending upon the context, the discount rate has two different definitions and usages. First, the discount rate refers to the interest rate charged to the commercial banks and other financial institutions for the loans they take from the Federal...
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In the early 20th century long before modern money markets evolved discounting was a common way to r...View the full answer
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Related Book For 
Financial Institutions, Markets And Money
ISBN: 1704
12th Edition
Authors: David S. Kidwell, David W. Blackwell, David A. Whidbee, Richard W. Sias
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