3 ms·
Your own link says this at the bottom of the introduction: > In recent years, the discount rate has been approximately a percentage point above the federal fun
by haberman 11y ago
Your own link says this at the bottom of the introduction:
> In recent years, the discount rate has been approximately a percentage point above the federal funds rate (see Lombard credit). Because of this, it is a relatively unimportant factor in the control of the money supply and is only taken advantage of at large volume during emergencies.
- digi_owl 11y agoAnd in recent years the economy in general have been on life support. No lending, no need for the discount window to line up the numbers.