Minutes of the Board’s discount rate meetings from November 13 through December 13, 2023

January 9, 2024 / Source: FRB

The Federal Reserve Board on Tuesday released the minutes from its recent meetings to review and determine the discount rates provided to depository institutions through the discount window. Today’s minutes cover the Board meetings that occurred on November 13 through December 13, 2023.

The Board’s process for setting the discount rate is distinct from the process the Federal Open Market Committee follows in setting the target range for the federal funds rate.

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