Federal Reserve Vice Chair Philip Jefferson encouraged comments on the Fed’s request for information on “operational frictions” associated with the discount window and intraday credit.
Fed’s Jefferson encourages input on discount window
October 10, 2024 / By ICBA
Federal Reserve Vice Chair Philip Jefferson encouraged comments on the Fed’s request for information on “operational frictions” associated with the discount window and intraday credit.
Federal Reserve Vice Chair Philip Jefferson encouraged comments on the Fed’s request for information on “operational frictions” associated with the discount window and intraday credit.
Details: Speaking in North Carolina, Jefferson said the Fed specifically wants input on:
The process for requesting, receiving, and repaying discount window loans.
The Reserve Bank discount window and intraday credit communications practices.
More: Jefferson said the Fed hopes to gain feedback on operational aspects that are most costly or burdensome for depository institutions.
Submitting Comments: Community bankers can submit comments until Monday, Dec. 9.
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