Federal Reserve Board approves action by the Board of Directors of the Federal Reserve Bank of Kansas City

December 19, 2018

Federal Reserve Board approves action by the Board of Directors of the Federal Reserve Bank of Kansas City

For release at 5:00 p.m. EST

The Federal Reserve Board has approved action on Wednesday by the Board of Directors of the Federal Reserve Bank of Kansas City, increasing the discount rate (the primary credit rate) at the Bank from 2-3/4 percent to 3 percent, effective December 20, 2018.

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Federal Reserve Board approves action by the Board of Directors of the Federal Reserve Bank of Kansas City

Distribution channels: Banking, Finance & Investment Industry

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