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economy, bank lending
(Image from article: "Fed Raises Interest Rate That It Charges Banks")

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Fed Raises Interest Rate That It Charges Banks

Fed Raises Interest Rate That It Charges Banks

The increase in the discount rate is seen as a first step by the Fed to normalize lending after more than two years of extraordinary actions to prop up the economy.

 

Data Hit Hopeful Notes for Economy

Data Hit Hopeful Notes for Economy

Most banks have stopped toughening their lending standards for consumers and businesses, and manufacturing activity is at the highest levels in five years—both further signs of a strengthening U.S. economy.

 

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