Yahoo Finance

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 ...
Yahoo Finance

Fed's discount window can be normal funding source for banks, Barr says

NEW YORK (Reuters) -Michael Barr, the Federal Reserve's regulatory chief, said on Thursday that banks should put aside worries about the stigma of using the U.S. central bank's discount window ...
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 ...
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 ...
American Banker

In Focus: 'New' Discount Window, Same Old Stigma

WASHINGTON - Borrowing at the discount window, for decades a contingency to avoid at almost any cost, is no longer taboo. Really. Six months after the Federal Reserve Board made changes meant to ...
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 ...
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, ...
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

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 ...
Nasdaq

Fed discount window borrowing is edging up, but is it a problem?

NEW YORK, Dec 9 (Reuters) - Borrowing at a key Federal Reserve facility long associated with providing emergency loans to banks has been edging higher, recently climbing to over $10 billion for the ...
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 ...