Difference between revisions of "Discount rate"
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(New page: The interest rate paid by commercial banks to borrow funds from Federal Reserve Banks.) |
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| − | The interest rate paid by commercial | + | '''The discount rate''' is the [[interest rate]] paid by commercial [[bank]]s to borrow funds from [[Federal Reserve System|Federal Reserve Banks]]. |
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| + | ==Sources== | ||
| + | http://usinfo.state.gov/products/pubs/oecon/chap12.htm | ||
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| + | [[Category:Economics]] | ||
Latest revision as of 03:51, January 5, 2012
The discount rate is the interest rate paid by commercial banks to borrow funds from Federal Reserve Banks.
