Difference between revisions of "Discount rate"
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| − | + | '''Discount rate''' is the [[interest rate]] paid by commercial [[bank]]s to borrow funds from [[Federal Reserve System|Federal Reserve Banks]]. | |
==Sources== | ==Sources== | ||
Revision as of 20:46, August 27, 2008
Discount rate is the interest rate paid by commercial banks to borrow funds from Federal Reserve Banks.