Federal Reserve Board approves discount rate actions by Boards of Directors of Federal Reserve Banks of Atlanta and San Francisco

The Federal Reserve Board approved action on Friday by the Boards of Directors of the Federal Reserve Banks of Atlanta and San Francisco increasing the discount rate, specifically the primary credit rate, at the Banks from 1 percent to 1-3/4 percent, effective immediately.

/Public Release. This material from the originating organization/author(s) may be of a point-in-time nature, edited for clarity, style and length. The views and opinions expressed are those of the author(s).View in full here.