Directors at two-thirds of the Federal Reserve's regional banks voted to leave the interest rate charged to commercial banks ...

A high discount rate causes loans to be more expensive and encourages people to save more money. This could be considered ...

We show that firms' nominal required returns to capital (i.e., their discount rates) are sticky with respect to expected inflation. Such nominally sticky discount rates imply that increases in ...

The new regime of higher bond yields has transformed pension funding for defined benefit (DB) schemes in the G7, due to reduced liability valuations Even though credit spreads are close to 10 yr lows, ...