The bank discount rate is a calculation of the interest investors earn on short-term instruments such as Treasury bills.
The Federal Reserve is making it a little bit cheaper to borrow money. The central bank hopes to prop up the job market. But it's making no promises that rates will fall further in December. The ...
The Federal Reserve’s rate cut will reduce investor returns, yet money market funds remain a good deal, our columnist says. By Jeff Sommer Jeff Sommer writes Strategies, a weekly column on markets, ...
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