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Federal Reserve Board Approves Discount Rate Action by the Boards of Directors of the Federal Reserve Banks of St. Louis and Minneapolis | site |
Information contained in Board of Governors of the Federal Reserve System press release dated: July 28, 2022
The Federal Reserve Board approved action on Thursday by the Boards of Directors of the Federal Reserve Banks of St. Louis and Minneapolis increasing the discount rate, specifically the primary credit rate, at the Banks from 1-3/4 percent to 2-1/2 percent, effective immediately.
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