SIE: 7.4.1.1.2. Modifying The Discount Rate

Taken from our SIE Online Guide

7.4.1.1.2.  Modifying the Discount Rate

The Fed also carries out monetary policy by lending funds to banks and depository institutions directly from its lending facility, called the discount window. The discount window rate is set by the Federal Reserve banks and approved by the Board of Governors of the Federal Reserve System. This discount rate is the interest rate the Federal

Since you're reading about SIE: 7.4.1.1.2. Modifying The Discount Rate, you might also be interested in:

Solomon Exam Prep Study Materials for the SIE
Please Enable Javascript
to view this content!