Some questions on macroeconomics… 1. What is the principal difference between commercial banks and thrift institutions? 2. Why Fed does not use discount rate to control interest rates and instead, uses Fed Funds target rate thru FOMC? thanks, anny
Some questions on macroeconomics… 1. What is the principal difference between commercial banks and thrift institutions? 2. Why Fed does not use discount rate to control interest rates and instead, uses Fed Funds target rate thru FOMC? thanks, anny