Archive - 2004

FOMC Statement link off site
Source: The Federal Reserve Board

December 14, 2004

The Federal Open Market Committee decided today to raise its target for the federal funds rate by 25 basis points to 2.25 percent

Revised Policy Statement on Payments System Risk link off site
November 26, 2004

The Federal Reserve Board on Friday announced the approval of proposed revisions to its Policy on Payments System Risk (PSR Policy) addressing risk management in payments and securities settlement systems.

FOMC Statement link off site
Source: The Federal Reserve Board

November 10, 2004

The Federal Open Market Committee decided today to raise its target for the federal funds rate by 25 basis points to 2 percent

FOMC Statement link off site
Source: The Federal Reserve Board

September 21, 2004

The Federal Open Market Committee decided today to raise its target for the federal funds rate by 25 basis points to 1.75 percent

FOMC Statement link off site
Source: The Federal Reserve Board

August 10, 2004

The Federal Open Market Committee decided today to raise its target for the federal funds rate by 25 basis points to 1.50 percent

Automated Loan Deposit Now Available
July 26, 2004

Federal Reserve Banks can now accept electronic files of pledged loan collateral from depository institutions. The 'Automated Loan Deposit' (ALD) option is offered to current participants in the Borrower-in-Custody collateral pledge program, Third Party Custodian collateral pledge program, and/or Treasury Investment Program.

FOMC Statement link off site
Source: The Federal Reserve Board

June 30, 2004

The Federal Open Market Committee decided today to raise its target for the federal funds rate by 25 basis points to 1.25 percent

FOMC Statement link off site
Source: The Federal Reserve Board

May 4, 2004

The Federal Open Market Committee decided today to keep its target for the federal funds rate at 1 percent

FOMC Statement link off site
Source: The Federal Reserve Board

March 16, 2004

The Federal Open Market Committee decided today to keep its target for the federal funds rate at 1 percent

FOMC Statement link off site
Source: The Federal Reserve Board

January 28, 2004

The Federal Open Market Committee decided today to keep its target for the federal funds rate at 1 percent

Current Interest Rates
Primary Credit 0.75%
Secondary Credit 1.25%
Seasonal Credit 0.25%
Fed Funds Target 0 - 0.25%