WASHINGTON - Borrowing at the discount window, for decades a contingency to avoid at almost any cost, is no longer taboo. Really. Six months after the Federal Reserve Board made changes meant to ...
In the past several weeks, banks have been taking out emergency loans from the Federal Reserve to ensure they can cover withdrawals from customers. In the week that ended Wednesday, banks tapped more ...
NEW YORK (Reuters) -Michael Barr, the Federal Reserve's regulatory chief, said on Thursday that banks should put aside worries about the stigma of using the U.S. central bank's discount window ...
Change is coming to one of the Federal Reserve's oldest policy tools, but as the central bank's No. 2 official said, that is nothing new. In a two-part speech delivered Tuesday night and Wednesday ...
AMELIA ISLAND, Florida, May 20 (Reuters) - The U.S. Federal Reserve is considering new rules to break the "stigma" around borrowing from the central bank's discount window to cover short-term cash ...
The discount window at the Federal Reserve allows banks to borrow money at an above-market rate in exchange for high-quality collateral. The facility is always available to use, but typically nobody ...
When banks are under financial stress, where do they turn for help? Many go to the Federal Reserve, which, through its discount window, serves as a "lender of last resort" for banks. Last month, the ...
You don’t get much more big picture than the Federal Reserve on a Sunday afternoon pulling out all the stops. That huge cut in its short-term interest rate — another big bond buying program — echoes ...