The Federal Reserve Board has made public the minutes from its recent meetings concerning discount rates for depository institutions. These minutes detail discussions from meetings held on May 19, June 9, and June 18, 2025.
According to the Federal Reserve Board, “The Board’s process for setting the discount rate is distinct from the process the Federal Open Market Committee follows in setting the target range for the federal funds rate.”
Economist Daniel Lacalle examines what he describes as the decline of fiat currencies among developed nations.
The Federal Open Market Committee (FOMC) has unanimously reaffirmed its “Statement on Longer-Run Goals and Monetary Policy Strategy” during its annual organizational meeting this week.
The Federal Reserve Board has appointed seven individuals to its Insurance Policy Advisory Committee (IPAC), including four new members and three re-appointed members.
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