December 20, 2018
Federal Reserve Board approves actions by the Boards of Directors of the Federal Reserve Banks of New York, Philadelphia, St. Louis, Minneapolis, and Dallas
For release at 4:45 p.m. EST
The Federal Reserve Board has approved actions on Thursday by the Boards of Directors of the Federal Reserve Banks of New York, Philadelphia, St. Louis, Minneapolis, and Dallas, increasing the discount rate (the primary credit rate) at the Banks from 2-3/4 percent to 3 percent, effective immediately.
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