The bank discount rate is a calculation of the interest investors earn on short-term instruments such as Treasury bills.

Learn about unamortized bond discounts—what they mean, how they are accounted for, and what they reveal about bond pricing and interest rates.

Great question! The correct answer depends on the time period. Since January 2003, when the Federal Reserve System implemented a “penalty” discount rate policy, the discount rate has been about 1 ...

Forbes contributors publish independent expert analyses and insights. James Broughel is an economist focused on the economics of regulation. In the complex world of regulatory cost-benefit analysis, ...