9 Week 9: Discount Window, Lending, and Lender of Last Resort 9 Week 9: Discount Window, Lending, and Lender of Last Resort
9.1 Learning Goals 9.1 Learning Goals
Understand the core role of the Fed in providing “normal” liquidity to financial institutions and the connection of the primary credit rate to the fed funds rate.
Review additional information on the role of the Fed in “crisis” response” and the powers (and limitations) of Section 13(3) Actions.