Discount policy

Discount policy is a policy tool used by central banks to control the money in circulation by raising or lowering interest rates. If the Central Bank raises bank rates, the aim is to reduce money supply in the economy.

Source: Wikipedia — Discount policy (CC BY-SA 4.0)

Discount policy

Discount policy is a policy tool used by central banks to control the money in circulation by raising or lowering interest rates. If the Central Bank raises bank rates, the aim is to reduce money supply in the economy.

Source: Wikipedia "Discount policy" · CC BY-SA 4.0

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