Title: Open for Business: Understanding the Fed's Discount Window -- Reading
Course: Kelly's Copying and Exporting Course > Section: Open for Business: Understanding the Fed's Discount Window -- Page One Economics®

The phrase “lender of last resort” is often used in describing the Federal Reserve’s role in helping ensure banks and the broader financial system have access to cash and other forms of liquidity. Explore what the discount window is, how depository institutions access it, and how it helps the Federal Reserve conduct monetary policy in this issue of Page One Economics®.

Read the article below and then click the "next" button on the bottom right to take the quiz.