Chair Travis Hill said SVB showed banks can't always sell securities fast enough to cover deposit outflows, but acknowledged the "stigma problem" with discount window borrowing remains unsolved.
The Federal Reserve's discount window is supposed to be the lender of last resort for banks in need of emergency liquidity, but banks have historically been reluctant to use it, and Silicon Valley ...
As “lender of the last resort,” the Federal Reserve makes credit available to financial institutions on an overnight basis through its discount window.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results