Eleven Fed banks voted to raise discount rate before last meeting -minutes
09 Jul Eleven Fed banks voted to raise discount rate before last meeting -minutes
Posted at 18:00h
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by KMFSLLP
The New York Federal Reserve
was the only Fed bank that did not vote in favor of increasing
the rate commercial banks pay for emergency loans ahead of the
central bank’s latest policy meeting, minutes of the Fed
discount rate discussions showed on Tuesday.
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