The Federal Reserve has cut the discount rate five times in 12 months.

美联储已在12个月间5次下调贴现率。

The discount rate was 0.02 percent.

折扣率为百分之0.02 。

The discount rate is set by the Fed.

重贴现率是由联准会所订定。

What should the discount rate be?

折现率应该为多少呢？

So, how do we get the price from the discount rate?

那我们怎样才能从贴现率得到价格呢？