The discount window is a special, interest rate for short-term borrowing that the Fed offers banks to help them remain afloat during liquidity crises. — Source: Credit Discount Window at the St. Louis ...
The Federal Reserve is responsible for conducting monetary policy and maintaining the stability of the financial system. The Fed provided massive liquidity and implemented quantitative easing during ...
When banks are under financial stress, where do they turn for help? Many go to the Federal Reserve, which, through its discount window, serves as a "lender of last resort" for banks. Last month, the ...