press releases · March 2, 2020
Press Release
March 03, 2020
Federal Reserve Board approves actions by the Boards of Directors of the Federal Reserve Banks of Boston, Philadelphia, Richmond, Chicago, St. Louis, Kansas City, Dallas, and San Francisco
For release at 5:00 p.m. EST
Share
The Federal Reserve Board has approved actions on Tuesday by the Boards of Directors of the Federal Reserve Banks of Boston, Philadelphia, Richmond, Chicago, St. Louis, Kansas City, Dallas, and San Francisco, decreasing the discount rate (the primary credit rate) at the Banks from 2-1/4 percent to 1-3/4 percent, effective March 4, 2020.
For media inquiries, call 202-452-2955.
Cite this document
APA
Federal Reserve (2020, March 2). Press Release. Press Releases, Federal Reserve. https://whenthefedspeaks.com/doc/press_release_20200303_federal_reserve_board_approves_actions_by_the
BibTeX
@misc{wtfs_press_release_20200303_federal_reserve_board_approves_actions_by_the,
author = {Federal Reserve},
title = {Press Release},
year = {2020},
month = {Mar},
howpublished = {Press Releases, Federal Reserve},
url = {https://whenthefedspeaks.com/doc/press_release_20200303_federal_reserve_board_approves_actions_by_the},
note = {Retrieved via When the Fed Speaks corpus}
}