The Federal Reserve's "discount window" plays an important role in supporting the effective implementation of monetary policy and the stability of the banking system.

The rate charged for discounts made and advances extended under the Federal Reserve's primary credit discount window program, which became effective January 9, 2003.

Feb 27, 2024 · Subject to review and determination by the Board of Governors, the directors of the Federal Reserve Banks of Boston, Cleveland, Atlanta, Minneapolis, and Dallas had voted …

As described in more detail below, depository institutions have access to three types of discount window credit from their regional Federal Reserve Bank: primary credit, secondary credit, and …

On June 3, 2022, updates were made to add references to the associated Federal Register documents in the March 16, 2022, minutes and to add the November 15, 2021, minutes, which …

Oct 8, 2025 · The Board of Governors of the Federal Reserve System is responsible for the discount rate and reserve requirements, and the Federal Open Market Committee is …

Oct 15, 2024 · The Federal Reserve Board on Tuesday released the minutes from its recent meetings to review and determine the discount rates provided to depository institutions …

Oct 15, 2024 · To support the FOMC's decision to lower the target range for the federal funds rate, the Board approved lowering the interest rate paid on reserve balances from 5.4 percent …

Oct 26, 2015 · Policy Tools The Discount Rate - Archive March 28 through April 25, 2016 (PDF) February 8 and March 14, 2016 (PDF) January 25, 2016 (PDF) November 23 through …

In a joint meeting of the Board and the Federal Open Market Committee (FOMC) today, the FOMC decided to maintain the target range for the federal funds rate at 5-1/4 to 5-1/2 percent, …