Homework answers / question archive / The Discount Window overseas the daily operations of the Fed's monetary policy O is a facility at the Fed that allows government bonds to be sold at a discount

The Discount Window overseas the daily operations of the Fed's monetary policy O is a facility at the Fed that allows government bonds to be sold at a discount

Economics

Share With

The Discount Window overseas the daily operations of the Fed's monetary policy O is a facility at the Fed that allows government bonds to be sold at a discount. O provides loans to commercial banks, and the interest rate charged on these loans is called federal funds rate. O enables the Fed to perform its lender of last resort function.