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 ...

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 saw the facility transform from a ...

Banks cumulatively tapped Sh81 billion from the discount window in the year to the start of August, according to market ...

Recommended Reading Fed nominees stress inflation control but otherwise stay vague Federal Reserve Vice Chair for Supervision Michael Barr emphasized the discount window's importance and revealed ...

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 ...