The Federal Reserve Board announced on Thursday that it approved action on by the Boards of Directors of the Federal Reserve Banks of New York, Philadelphia, and Kansas City increasing the discount rate, specifically the primary credit rate, at the Banks from 3-1/4 percent to 4 percent, effective November 3.
/Public Release. This material from the originating organization/author(s) might be of the point-in-time nature, and edited for clarity, style and length. Mirage.News does not take institutional positions or sides, and all views, positions, and conclusions expressed herein are solely those of the author(s).View in full here.
