The Federal Reserve Board released minutes of its December 10, 2025 meeting to review and determine the discount rates provided to depository institutions through the discount window, and noted that its discount rate-setting process is distinct from the Federal Open Market Committee’s process for setting the target range for the federal funds rate.
Federal Reserve Board 2026-01-06
Federal Reserve Board releases minutes of its December 2025 discount rate meeting
The Federal Reserve Board released minutes from its December 10, 2025 meeting, highlighting the review and determination of discount rates for depository institutions, distinct from the Federal Open Market Committee's federal funds rate process.