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Good Will Hunting is a 1997 American drama film directed by Gus Van Sant and written by Ben Affleck and Matt Damon. It stars Robin Williams, Damon, Affleck, Stellan Skarsgård and Minnie Driver. The film tells the story of janitor Will Hunting, whose mathematical genius is discovered by a professor at MIT .
The discount rate was cut by 50 bp—to 5.75% from 6.25%—and the term of loans was extended from overnight to up to thirty days. That reduced the spread of the primary credit rate over the federal funds rate from 100 basis points to 50 basis points.