Math, asked by Factig7420, 9 months ago

What is mean by base rate on the way

Answers

Answered by surbhikushwaha17

The interest rate at which the Federal Reserve makes short-term loans to member banks. The discount rate is an indicator of the direction in which the Federal Reserve is trying to push the broader economy.

Answered by sinhavivek588

The interest rate at which the Federal Reserve makes short-term loans to member banks. The discount rate is an indicator of the direction in which the Federal Reserve is trying to push the broader economy.

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