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Board of Governors of the Federal Reserve System
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Press Release

Federal Reserve Press Release

Release Date: December 17, 2015

For release at 1:00 p.m. EST

The Federal Reserve Board has approved action on Thursday by the Board of Directors of the Federal Reserve Bank of Minneapolis, increasing the discount rate (the primary credit rate) at the Bank from 3/4 percent to 1 percent, effective immediately.

Last update: December 17, 2015