Federal Reserve Board approves action by the Boards of Directors of the Federal Reserve Banks of Chicago, St. Louis, and Minneapolis
December 14, 2017
Federal Reserve Board approves action by the Boards of Directors of the Federal Reserve Banks of Chicago, St. Louis, and Minneapolis
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 Chicago, St. Louis, and Minneapolis, increasing the discount rate (the primary credit rate) at the Banks from 1-3/4 percent to 2 percent, effective immediately.
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