The bank discount rate is a calculation of the interest investors earn on short-term instruments such as Treasury bills.
Great question! The correct answer depends on the time period. Since January 2003, when the Federal Reserve System implemented a “penalty” discount rate policy, the discount rate has been about 1 ...
Forbes contributors publish independent expert analyses and insights. James Broughel is an economist focused on the economics of regulation. In the complex world of regulatory cost-benefit analysis, ...
You have /3 articles left. Sign up for a free account or log in. I can’t think of a metric that is more misunderstood and misused among college presidents, trustees ...