The discount window allows banks to borrow money directly from the Fed, usually for short-term needs. Spikes in the lending facility's usage coincide with financial turmoil (think the 2023 ...

The discount window "has deficiencies that have led to severe stigma, increasing the risk of banking panics and deposit runs," former New York Fed President William Dudley said in Warner's ...

"We view using the discount window as a fully acceptable, normal part of any bank's funding needs if it makes sense for them to use it from a financial perspective," Barr, the Fed's vice chair for ...

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Discount window usage as a share of Federal Reserve assets (Federal Reserve Board, Statistical Release H.4.1, "Factors Affecting Reserve Balances.") More on the U.S. Economy.

NEW YORK (Reuters) -Michael Barr, the Federal Reserve's regulatory chief, said on Thursday that banks should put aside worries about the stigma of using the U.S. central bank's discount window ...