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Federal Reserve Board approves actions by the Boards of Directors of the Federal Reserve Banks of Cleveland and Atlanta

March 04, 2020

Federal Reserve Board approves actions by the Boards of Directors of the Federal Reserve Banks of Cleveland and Atlanta

For release at 5:00 p.m. EST

The Federal Reserve Board has approved actions on Wednesday by the Boards of Directors of the Federal Reserve Banks of Cleveland and Atlanta, decreasing the discount rate (the primary credit rate) at the Banks from 2-1/4 percent to 1-3/4 percent, effective immediately.

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