Jump to navigation
The Fed today cut the discount rate -- what banks pay to borrow from the Fed -- by half a percentage point. Banks use it only when they're in a bind. Like the one they've been in the past couple of weeks. Jill Barshay reports.
<iframe src="http://www.marketplace.org/node/23119/player/storyplayer" frameborder="0" scrolling="no" width="100%" height="240px"></iframe>