discount rate policy

基本解釋

The discount rate was a policy variable set by the Fed and it was typically fifty basis points below the Federal Funds Rate.
貼現(xiàn)率是一個(gè)聯(lián)邦可改變的政策，并且它比聯(lián)邦資金利率通常，低五十個(gè)基本點(diǎn)。
“Using a market discount rate can introduce a spurious degree of accuracy and a lot of volatility,” says Chris Curry of the Pensions Policy Institute in London.
倫敦養(yǎng)老金政策學(xué)會(huì)的CHRIS CURRY說(shuō)：“使用市場(chǎng)折舊率會(huì)帶來(lái)具有誤導(dǎo)性的準(zhǔn)確率和大量波動(dòng)性?！?/li>
In the monetary policy practice of contemporary western country, open market service and legal capital reserve rate, re-discount are called " three main and effective tool" of monetary policy.
在當(dāng)代西方國(guó)家貨幣政策實(shí)踐中，公開(kāi)市場(chǎng)業(yè)務(wù)與法定存款準(zhǔn)備金、再貼現(xiàn)被稱(chēng)為貨幣政策的“三大法寶”。

The discount rate was a policy variable set by the Fed and it was typically fifty basis points below the Federal Funds Rate.
貼現(xiàn)率是一個(gè)聯(lián)邦可改變的政策,并且它比聯(lián)邦資金利率通常,低五十個(gè)基本點(diǎn)。
耶魯公開(kāi)課 - 金融市場(chǎng)課程節(jié)選

Does the cut in the discount rate mean the Fed has already loosened policy?
ECONOMIST: The Fed lowers its discount rate
In fact, the Fed was established as a result of the Panic of 1907 and the discount mechanism and rate were the only tools of monetary policy given to the Fed in the Federal Reserve Act.
FORBES: What The Discount Rate Hike Is Really About
As the storm gathered during 2008, the Fed aggressively eased monetary policy by using such open market operations (supplemented by discount rate reductions) to drive short-term interest rates to near-zero levels.
FORBES: Nothing to Fear from Fed's Monetary Ease