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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 ...
The Federal Reserve is gathering public input on how to improve its last-resort lending facility. The central bank launched a request for information on Thursday, asking the public to weigh in on how ...
(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 ...