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Minutes of the Board's discount rate meetings.


The Federal Reserve Board released on April 19, 2005, the minutes of its discount rate
Discount Rate
1. The interest rate that an eligible depository institution is charged to borrow short-term funds directly from a Federal Reserve Bank.

2. The interest rate used in determining the present value of future cash flows.

Notes:
1. This type of borrowing from the Fed is fairly limited. Institutions will often seek other means of meeting short-term liquidity needs.
 meetings from February 7, 2005, through March 22, 2005.

On May 31, 2005, the Board released the minutes of its discount rate meetings from April 4, 2005, through May 3, 2005.

On July 28, 2005, the Board released the minutes of its discount rate meetings from May 23, 2005, through June 30, 2005.
COPYRIGHT 2005 Board of Governors of the Federal Reserve System
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Announcements
Publication:Federal Reserve Bulletin
Article Type:Calendar
Date:Jun 22, 2005
Words:68
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