December 15, 2016

Federal Reserve Board approves action by the Board of Directors of the Federal Reserve Bank of Minneapolis

For release at 1:15 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 1 percent to 1-1/4 percent, effective immediately.

Last Update: December 15, 2016