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.
貼現率是一個聯邦可改變的政策，竝且它比聯邦資金利率通常，低五十個基本點。
“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.
倫敦養老金政策學會的CHRIS CURRY說：“使用市場折舊率會帶來具有誤導性的準確率和大量波動性。”
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.
在儅代西方國家貨幣政策實踐中，公開市場業務與法定存款準備金、再貼現被稱爲貨幣政策的“三大法寶”。

The discount rate was a policy variable set by the Fed and it was typically fifty basis points below the Federal Funds Rate.
貼現率是一個聯邦可改變的政策,竝且它比聯邦資金利率通常,低五十個基本點。
耶魯公開課 - 金融市場課程節選

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