The program, also known as TAF, was created by the Fed as an alternative to its traditional discount window, in which banks come directly to the central bank for short-term loans.
英
美
释义
美联储此前创建定期拍卖工具,是作为其传统贴现窗口的一个替代。银行此前通过贴现窗口,直接从美联储获取短期贷款。
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