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

November 26, 2004

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

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

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

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

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.

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

May 04, 2004

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

March 16, 2004

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

January 28, 2004

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