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Discount window

The discount window is a central bank lending facility meant to help commercial banks manage short-term liquidity needs. Banks that are unable to borrow from other banks in the fed funds market may borrow directly from the central bank’s discount window paying the federal discount rate—Read more at Investopedia. Kenton, Will. “Law of Discount Window.” 27 November 2019.

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  • Unintended Consequences
  • Glossary: Discount rate

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