Change is coming to one of the Federal Reserve's oldest policy tools, but as the central bank's No. 2 official said, that is nothing new. In a two-part speech delivered Tuesday night and Wednesday ...
"Over the past few years, the discount window has been used more than was the case before the pandemic," Jefferson said in remarks prepared for delivery at the Atlanta Fed's Financial Markets event, ...
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 ...
Rep. Patrick McHenry, a Republican of North Carolina and chairman of the House Financial Services Committee, said the Federal Reserve's discount window is in need of modernization. The chair of the ...
The Federal Reserve has taken steps to reduce the stigma that has long plagued its discount window, though recent surveys indicate banks are still hesitant to use the key backstop facility.
NEW YORK, Feb 29 (Reuters) - Federal Reserve Bank of Cleveland President Loretta Mester said Thursday she favors taking more concrete steps to make sure banks are ready to use a central bank liquidity ...
WASHINGTON, Feb. 15 (UPI) --Economists at a hearing Thursday promoted increased use of the Fed's discount window -- which helps commercial banks manage short-term liquidity needs -- to insulate the ...
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