Directors at two-thirds of the Federal Reserve's regional banks voted to leave the interest rate charged to commercial banks ...
Equities bolstered corporate pension funds for the most part last month, offsetting a decline in discount rates. The funded status of corporate pensions stayed steady in July, but some pension ...
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, ...
The Federal Reserve targets an interest rate called the federal funds rate (FFR). The three rates the Fed sets to reach its FFR target range are: the discount rate, interest on reserve balances (IORB) ...