Federal Reserve Board Approves Action by the Boards of Directors of the Federal Reserve Bank of New York and Minneapolis




(September 27, 2018) - - The Federal Reserve Board has approved actions on Thursday by the Boards of Directors of the Federal Reserve Banks of New York and Minneapolis, increasing the discount rate (the primary credit rate) at the Banks from 2-1/2 percent to 2-3/4 percent, effective immediately.




Source: Board of Governors of the Federal Reserve Bank