Discount lending by the Fed:

Name: Discount lending by the Fed:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Discount lending by the Fed, which refers to loans made by the Fed to banks and other financial institutions, is not as important today as it was in the past. This is because the Fed now primarily uses open market operations, such as buying and selling government securities, to influence monetary policy. Additionally, the volume of discount lending has decreased significantly in recent years, to around $300 million per week on average.

Discount Lending by the Fed