News list for " Now window"

The Federal Reserve is publicly seeking advice on reforming the operation of the discount window

The Federal Reserve is seeking public input on the discount window, the Fed's oldest tool for providing liquidity support to depository institutions. According to a statement from the central bank on Thursday, the public consultation involves the collection of legal documents, the process of pledging and withdrawing collateral, the process of applying for, receiving and repaying loans, the provision of intraday credit, and the means of communication related to the mechanism. Fed policymakers...

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2024-09-06 03:53:27