When the Fed lowers the discount rate, it is more difficult and more expensive for banks to obtain money.

Name: When the Fed lowers the discount rate, it is more difficult and more expensive for banks to obtain money.
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When the Fed lowers the discount rate, it becomes easier and less expensive for banks to obtain money from the Federal Reserve. This can lead to an increase in borrowing and lending by banks, which can stimulate economic activity.

When the Fed Lowers the Discount Rate, It Is More