December 13, 2023

The Federal Open Market Committee decided to maintain the target range for the federal funds rate at 5.25 to 5.50 percent.

November 01, 2023

The Federal Reserve is implementing updated collateral margins tables for discount window lending and payment system risk purposes, effective November 1, 2023.

November 01, 2023

The Federal Open Market Committee decided to maintain the target range for the federal funds rate at 5.25 to 5.50 percent.

September 29, 2023

The Federal Reserve is implementing updated collateral margins tables for Discount Window lending and Payment System Risk purposes, effective November 1, 2023. 

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 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.

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.

May 03, 2023

The Federal Open Market Committee has increased the target range for the federal funds rate to 5.00 to 5.25 percent.

March 22, 2023

The Federal Open Market Committee has increased the target range for the federal funds rate to 4.75 to 5.00 percent.

March 12, 2023

To support American businesses and households, the Federal Reserve Board on Sunday announced it will make available additional funding to eligible depository institutions  to help assure banks have the ability to meet the needs of all their depositors.  This action will bolster the capacity of the banking system to safeguard deposits and ensure the ongoing provision of money and credit to the economy.

February 01, 2023

The Federal Open Market Committee has increased the target range for the federal funds rate to 4.50 to 4.75 percent.