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

First, let’s be clear on what the discount rate is. If we consider valuation calculations as a two-step process, the first step is to determine the expected future cash flows from the pension scheme ...

Jan 6 (Reuters) - Directors at two-thirds of the Federal Reserve's regional banks voted to leave the interest rate charged to commercial banks for emergency loans unchanged ahead of last month's Fed ...

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