3 ms·
I'm assuming you mean the discount window rate, it's not locked to 6%: https://www.frbdiscountwindow.org/en/Pages/Discount-Rates/Current-Discount-Rates.aspx htt
by Hansi 11y ago
I'm assuming you mean the discount window rate, it's not locked to 6%: https://www.frbdiscountwindow.org/en/Pages/Discount-Rates/Current-Discount-Rates.aspx https://www.frbdiscountwindow.org/en/Pages/Discount-Rates/Cu...
- littletimmy 11y agoNo I mean the interest rate on the membership deposit. It is a guaranteed (and outrageous) 6%: https://newrepublic.com/article/116913/federal-reserve-dividends-most-outrageous-handout-banks https://newrepublic.com/article/116913/federal-reserve-divid...