As “lender of the last resort,” the Federal Reserve makes credit available to financial institutions on an overnight basis through its discount window. According to the Fed, the discount ...
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NEW YORK (Reuters) -Michael Barr, the Federal Reserve's regulatory chief, said on Thursday that banks should put aside worries about the stigma of using the U.S. central bank's discount window ...
2 official said, that is nothing new. In a two-part speech delivered Tuesday night and Wednesday morning, Fed Vice Chair Philip Jefferson delved into the history of the discount window, an arc that ...
(Reuters) - Federal Reserve Governor Michelle Bowman on Thursday said banks' use of the Fed's discount window is for emergencies, rather than for more usual liquidity needs, a narrow view of the ...
There are downsides to discount window borrowing, Bowman told the Mid-size Bank Coalition of America Board of Directors Workshop, and that while banks ought to sign up and perhaps even test it ...
THE Bangko Sentral ng Pilipinas (BSP) has introduced a new discount window facility (DWF) that will allow banks to directly offer government and central bank securities in exchange for advances. The ...
The Hong Kong Monetary Authority — the city’s de-facto central bank — loaned out HK$4.79 billion ($617 million) through its discount window on Monday, the most since December 2019 ...