Fischer raises concern over ‘stigma’ around Fed loans
Stanley Fischer warns new reporting requirements in Dodd-Frank Act will “likely add to the challenge”
The US Dodd-Frank Act has possibly increased the "stigma" associated with borrowing from the Federal Reserve's discount window, Fed vice-chair Stanley Fischer warned on February 10.
Previously, the Fed only published information on borrowing through the discount window "on aggregate". The Dodd-Frank Act requires it to publish information on any loan, including the identity of the borrowers, with a two-year lag.
"While the two-year lag should help limit the increase in stigma associated with the
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