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azamat
3 years ago
8

What is the rate that the federal reserve banks charge financial institutions for loans called?

Business
1 answer:
ycow [4]3 years ago
7 0
The discount rate<span> is the interest </span>rate charged<span> to commercial </span>banks<span> and other depository </span>institutions<span> on </span>loans<span> they receive from their regional </span>Federal Reserve<span>Bank's lending facility--the discount window. :)</span>
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