The bank discount rate is a calculation of the interest investors earn on short-term instruments such as Treasury bills.
Forbes contributors publish independent expert analyses and insights. I show you how to save and invest. Federal Reserve Chairman Jerome Powell departs after a news conference after the Federal Open ...
WASHINGTON(AP) — The Federal Reserve reduced its key interest rate by a quarter-point for the third time in a row Wednesday but signaled that it may leave rates unchanged in the coming months. The cut ...