August 28, 2023
Effective August 28, 2023, the Federal Reserve Banks are amending Operating Circular 10, Lending.
5.50%
6.00%
5.50%
5.25 - 5.50%
August 28, 2023
Effective August 28, 2023, the Federal Reserve Banks are amending Operating Circular 10, Lending.
July 10, 2023
Effective August 28, 2023, the Federal Reserve Banks are amending Operating Circular 10, Lending.
June 22, 2023
As USD LIBOR settings will no longer be published after June 30, 2023, financial institutions are reminded that it is important to ensure loans and securities pledged as collateral to their Reserve Banks for Discount Window and Payment System Risk purposes continue to be updated to comply with all usual eligibility requirements.
September 20, 2023
The Federal Open Market Committee decided to maintain the target range for the federal funds rate at 5.25 to 5.50 percent.
July 26, 2023
The Federal Open Market Committee has increased the target range for the federal funds rate to 5.25 to 5.50 percent.
June 14, 2023
The Federal Open Market Committee decided to maintain the target range for the federal funds rate at 5.00 to 5.25 percent.