November 28, 2023

Minutes of the Board's discount rate meetings from October 23 through November 1, 2023

For release at 3:00 p.m. EST

The Federal Reserve Board on Tuesday released the minutes from its recent meetings to review and determine the discount rates provided to depository institutions through the discount window. Today's minutes cover the Board meetings that occurred on October 23 and November 1, 2023.

The Board's process for setting the discount rate is distinct from the process the Federal Open Market Committee follows in setting the target range for the federal funds rate.

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Last Update: November 28, 2023