Regulatory Alerts2023-03-29 | 2023-06441Regulation 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 an increase in the primary credit rate charged by Federal Reserve Banks. This action raises the primary credit rate from 4.75 percent to 5 percent and automatically increases the secondary credit rate from 5.25 percent to 5.50 percent. The amendments were issued with a retroactive effective date of March 23, 2023, to align with the Federal Open Market Committee's recent monetary policy decision.
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