MarketWatch

Discount-window borrowing still rare

WASHINGTON (MarketWatch) -- U.S. banks had borrowed $10 million from the Federal Reserve's discount window as of Wednesday, the Fed said Thursday, indicating that borrowing from the Fed remains very ...
American Banker

Fed vice chair: Discount window 'effective' but still needs to evolve

Change is coming to one of the Federal Reserve's oldest policy tools, but as the central bank's No. 2 official said, that is nothing new. In a two-part speech delivered Tuesday night and Wednesday ...
Seeking Alpha

Bank Discount Window Readiness After The Expiration Of The Bank Term Funding Program

The Federal Reserve is responsible for conducting monetary policy and maintaining the stability of the financial system. The Fed provided massive liquidity and implemented quantitative easing during ...
U.S. News & World Report

Discount Window Reform Bill Introduced as Fed Works on Its Own Overhaul

(Reuters) - Federal Reserve efforts to overhaul a key emergency lending facility historically viewed with anxiety by banks are now being joined by potential congressional action. On Friday, Democratic ...
NPR

The Fed's 'discount window' saw a huge uptick in demand amid financial turmoil

When banks are under financial stress, where do they turn for help? Many go to the Federal Reserve, which, through its discount window, serves as a "lender of last resort" for banks. Last month, the ...
Crain's New York

Fed urges banks to use discount window to aid credit flow

The Federal Reserve encouraged banks to take advantage of its primary emergency lending facility to keep credit flowing as the economy endures fallout from the coronavirus. In a joint statement with ...
American Banker

Regulators issue guidance on Fed discount window, emergency borrowing

The Federal Reserve, Federal Deposit Insurance Corp. and Office of the Comptroller of the Currency Friday issued a guidance to banks encouraging them to be familiar with the process for borrowing from ...
Seeking Alpha

Fed's discount window now used more frequently than pre-pandemic, Jefferson says

"Over the past few years, the discount window has been used more than was the case before the pandemic," Jefferson said in remarks prepared for delivery at the Atlanta Fed's Financial Markets event, ...
Marketplace

Why banks are reluctant to borrow at the Fed’s “discount window”

In the past several weeks, banks have been taking out emergency loans from the Federal Reserve to ensure they can cover withdrawals from customers. In the week that ended Wednesday, banks tapped more ...
Bloomberg L.P.

Transcript: Why Banks Are Suddenly Borrowing From the Fed's Discount Window

The discount window at the Federal Reserve allows banks to borrow money at an above-market rate in exchange for high-quality collateral. The facility is always available to use, but typically nobody ...
Marketplace

How the Federal Reserve’s “discount window” works

You don’t get much more big picture than the Federal Reserve on a Sunday afternoon pulling out all the stops. That huge cut in its short-term interest rate — another big bond buying program — echoes ...