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 ...

The Fed uses its so-called discount window facility to lend to banks that need ready cash, often in exchange for less-than-liquid collateral such as business loans. Particularly in recent years ...

LONDON (Reuters) - 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 ...