"If M1 wasn't so blasted strong, the Fed would be dropping the discount rate". The discount rate, currently 7.5%, is the interest on loans by the Fed to financial institutions.
FCC expected to propose dropping UHF discount from TV ownership caps.
Manufacturers in China and Taiwan, the so-called Tier 3 makers that few consumers have ever heard of like Vestel, Changchong or Xoceco, are dropping heavily discounted L.C.D. TV's into general merchandise stores like Costco and Wal-Mart or at online discounters.
Sometimes discounts need to be certified each year("good student" discounts, for example) and sometimes a computer glitch will accidentally drop a discount from your policy.
On Sunday, the Fed dropped its discount rate by a quarter point to 3.25%, authorized the New York Fed to extend access to its discount window to a wider variety of financial institutions, and agreed to backstop the acquisition of Bear Stearns by JPMorgan Chase for $2 a share by accepting $30 billion of Bear Stearns' illiquid assets as collateral.
The central bank has permitted four reductions of its Federal funds rate since October and on Wednesday it dropped the discount rate from 7percentto61/2percentrcenthethe first decline in four years.
(See: "Housing Starts Up, But So Is Inflation") The central bank also dropped the discount rate by the same amount, to 2.50%.
During the recession, while the "too big to fail" banks were getting bailout money, the Fed dropped its discount rate from 4.75% in December 2007 to 0.50% in December 2008 and 0.75% in February 2010.
Feeling a political wind growing at the students' backs — and adopting tactics from recent social media campaigns — gun control advocates began pressuring prominent corporations to drop their discount deals for NRA members.
On Mondays prices will be discounted by 25%, with the discount dropping 5% each day until Friday.
