The bank discount rate is a calculation of the interest investors earn on short-term instruments such as Treasury bills.

The Federal Reserve is likely to allow its Bank Term Funding Program to expire on March 11, 2024, rather than renew the banking crisis-era lending program, according to commentary from Wrightson ICAP.

Borrowing from the Federal Reserve’s emergency funding program dried up, even dropped, after policymakers suddenly slammed the door on a risk-free arbitrage trade just weeks ahead of the facility’s ...

A Federal Reserve lending facility crafted this March to support ailing banks is looking better than ever after the central bank’s dovish pivot last week as the expectation of aggressive interest-rate ...

Sophie Venz is a former Deputy Editor at Forbes Advisor. She is an experienced editor and features reporter, and has previously worked in the small business and start-up reporting space. Previously ...