Fed Won't Comment On Rumors of Another Discount Rate Hike
Tweet
Share
E-mail
There are rumors going around that the Federal Reserve will again raise the rate on the discount window. In February, the Fed raised the rate from 1/2 percent to 3/4 percent. Now rumors are they will raise it back to 1.
The Federal Reserve would not comment on the rumors, according to a headline from Reuters.
The discount rate is often refereed to as the emergency rate, and is not as important as the Federal Funds rate which is still at 0.00%-0.25%.
The Federal Reserve would not comment on the rumors, according to a headline from Reuters.
The discount rate is often refereed to as the emergency rate, and is not as important as the Federal Funds rate which is still at 0.00%-0.25%.
You May Also Be Interested In
- Trump: no talks happening or scheduled with Iran
- Wolfpack Research: 'we are short FTK because their $400m deal has been canceled'
- Trump: University of Miami donates 1994 ibogaine drug application to U.S. government
Create E-mail Alert Related Categories
Insiders' Blog, Rumors, Trader TalkSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
