diszkontrátával

Diszkontráta refers to the interest rate at which commercial banks can borrow money directly from the central bank. It is a key tool of monetary policy, influencing the cost of borrowing for banks and, consequently, for businesses and consumers. When the central bank lowers the diszkontráta, it becomes cheaper for banks to obtain funds, which can encourage them to lend more money, potentially stimulating economic activity. Conversely, raising the diszkontráta makes borrowing more expensive, which can help to curb inflation by reducing the amount of money circulating in the economy.

The diszkontráta is typically set above other short-term interest rates, such as the interbank lending rate, to encourage banks to seek funding from each other before resorting to the central bank. This acts as a backstop facility, ensuring liquidity in the banking system. Banks may choose to borrow at the diszkontráta if they experience unexpected shortfalls in their reserves or if other funding sources become unavailable or too costly. The central bank's decision to adjust the diszkontráta signals its stance on the overall economic conditions and its intentions regarding inflation and growth. Monitoring changes in the diszkontráta can provide insights into the central bank's monetary policy direction.