Current Interest Rates
Primary Credit 0.75%
Secondary Credit 1.25%
Seasonal Credit 0.25%
Fed Funds Target 0 - 0.25%
Press Releases & Announcements   |   Archive
FOMC Statement link off site
Source: The Federal Reserve Board

August 10, 2010

The Federal Open Market Committee decided today to keep its target range for the federal funds rate at 0 to 0.25 percent

Changes to the Payment System Risk Policy Will Be Implemented in Early 2011 link off site
Source: The Federal Reserve Board

June 28, 2010

The Federal Reserve announces that it will implement changes to its Payment System Risk (PSR) policy in early 2011. A specific date will be announced at least 90 days in advance. In December 2008, the Board adopted revisions to the policy and said that the Federal Reserve would implement these changes between late 2010 and early 2011

Acceptance of Term Deposits as Collateral
May 11, 2010

The Federal Reserve is announcing the acceptance of Term Deposits placed with the Federal Reserve under its Term Deposit Facility as collateral for discount window lending and payment system risk purposes

Changes to the Federal Reserve's Practices Regarding Disclosure of Discount Window Lending Information
August 6, 2010

In accordance with the provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Pub. L. No. 111-203), the Federal Reserve has changed its practices with respect to disclosure of discount window lending information

Enhancement to Automated Loan Deposit Processing
June 7, 2010

The Federal Reserve announces improved processing of loan pledges for discount window, payment system risk, and Treasury program purposes by expanding the types of electronic file formats accepted by the automated loan deposit (ALD) process