The Fed charges interest on those loans at the discount rate. When a loan is made, it increases the money in circulation, which is referred to as the nation's money supply. In a booming economy ...

Changes in the discount rate influence economy-wide interest rates and monetary conditions. Fed adjusts the discount rate to manage economic activity and control inflation levels. Key findings are ...

The APR is the interest rate plus the costs of things like discount points and fees, including those that make up your closing costs. This number is higher than the interest rate and is a more ...