Federal Reserve Release, Press Release; image with eagle logo links to home page
Release Date: November 7, 2001


For immediate release

The Federal Reserve Board on Wednesday approved actions by the Boards of Directors of the Federal Reserve Banks of Philadelphia, Chicago and Minneapolis, decreasing the discount rate at the banks from 2 percent to 1-1/2 percent, effective immediately.

2001 Monetary policy


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Last update: November 7, 2001