The Fed’s discount rate is voted on separately from the Fed funds target and two regional Fed districts continue to ask for the discount rate to be raised to 1%. The other 10 Federal Reserve districts voted to keep the discount rate steady at 0.75%.
The Fed’s discount rate is voted on separately from the Fed funds target and two regional Fed districts continue to ask for the discount rate to be raised to 1%. The other 10 Federal Reserve districts voted to keep the discount rate steady at 0.75%.
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