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Congressional Research Service Issues In Focus White Paper on Federal Reserve's Discount Window
May 09, 2024
WASHINGTON, May 9 -- The Congressional Research Service issued the following In Focus white paper (No. IF12655) on May 8, 2024, by macroeconomic policy specialist Marc Labonte:

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Federal Reserve's Discount Window: Policy Issues

The failure of three large banks in the spring of 2023 put the discount window (DW) of the Federal Reserve (Fed) back in the spotlight. DW lending suddenly spiked, reaching an all-time high of $295.7 billion. This In Focus discus . . .

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