Explain the difference between the discount rate and the federal funds rate?
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Explain the difference between the discount rate and the federal funds rate?
Discount RateDepending upon the context, the discount rate has two different definitions and usages. First, the discount rate refers to the interest rate charged to the commercial banks and other financial institutions for the loans they take from the Federal...
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The discount rate is the interest rate that Federa...View the full answer
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