discount rate policy

基本解释

The discount rate was a policy variable set by the Fed and it was typically fifty basis points below the Federal Funds Rate.
贴现率是一个联邦可改变的政策，并且它比联邦资金利率通常，低五十个基本点。
“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.
伦敦养老金政策学会的CHRIS CURRY说：“使用市场折旧率会带来具有误导性的准确率和大量波动性。”
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.
在当代西方国家货币政策实践中，公开市场业务与法定存款准备金、再贴现被称为货币政策的“三大法宝”。

The discount rate was a policy variable set by the Fed and it was typically fifty basis points below the Federal Funds Rate.
贴现率是一个联邦可改变的政策,并且它比联邦资金利率通常,低五十个基本点。
耶鲁公开课 - 金融市场课程节选

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