Regulatory Alerts2024-11-20 | 2024-26990Regulation A: Extensions of Credit by Federal Reserve Banks
The Board of Governors of the Federal Reserve System adopted final amendments to Regulation A to reflect a decrease in the primary credit rate charged by Federal Reserve Banks. The primary credit rate was reduced by 0.25 percentage points to 4.75 percent, and the secondary credit rate automatically decreased to 5.25 percent. These changes align with the Federal Open Market Committee's recent adjustment to the federal funds rate target range.
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