Federal Reserve Release, Press Release; image with eagle logo links to home page
Release Date: November 19, 1998


For immediate release

The Federal Reserve Board today approved actions by the Boards of Directors of the Federal Reserve Banks of Cleveland, Chicago and Minneapolis reducing the discount rate at those banks from 4-3/4 percent to 4-1/2 percent effective immediatly.

1998 Monetary policy


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Last update: November 30, 1998, 4:00 PM