As “lender of the last resort,” the Federal Reserve makes credit available to financial institutions on an overnight basis through its discount window. According to the Fed, the discount ...
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"We view using the discount window as a fully acceptable, normal part of any bank's funding needs if it makes sense for them to use it from a financial perspective," Barr, the Fed's vice chair for ...
Federal Reserve Vice Chair for Supervision Michael Barr emphasized the discount window's importance and revealed plans to potentially require larger banks to maintain minimum readily available ...
(Reuters) - Federal Reserve Governor Michelle Bowman on Thursday said banks' use of the Fed's discount window is for emergencies, rather than for more usual liquidity needs, a narrow view of the ...
THE Bangko Sentral ng Pilipinas (BSP) has introduced a new discount window facility (DWF) that will allow banks to directly offer government and central bank securities in exchange for advances. The ...
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 ...