As “lender of the last resort,” the Federal Reserve makes credit available to financial institutions on an overnight basis through its discount window. According to the Fed, the discount ...

Dallas Federal Reserve Bank President Lorie Logan on Tuesday floated the idea of allocating a "modest" part of the Fed's balance sheet to loans and repos, perhaps holding a daily auction of ...

Logan emphasized the critical importance of every U.S. bank being set up to use the Federal Reserve's discount window. She noted that work is needed from both the Federal Reserve and banks to get ...