Three of the Federal Reserve’s regional banks — Minneapolis, St. Louis, and Cleveland — voted last month to raise the discount rate for banks by 50 basis-points to 5%, according to minutes of discount ...
Aug 23 (Reuters) - The boards of directors of the Minneapolis and St. Louis Federal Reserve banks voted in mid-July for a full-percentage-point increase in the rate charged to commercial banks for ...
Three of the Federal Reserve’s regional banks — Minneapolis, St. Louis and Cleveland — voted last month to raise the discount rate for banks by 50 basis points to 5%, according to minutes of the ...
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