The bank discount rate is a calculation of the interest investors earn on short-term instruments such as Treasury bills.
By Ann Saphir Jan 6 (Reuters) - Directors at two-thirds of the Federal Reserve's regional banks voted to leave the interest rate charged to commercial banks for emergency loans unchanged ahead of last ...
We show that firms' nominal required returns to capital (i.e., their discount rates) are sticky with respect to expected inflation. Such nominally sticky discount rates imply that increases in ...
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