Minutes of the Board's discount rate meeting on April 20 and 29, 2026
The Federal Reserve Board has published the minutes from its meetings held on April 20 and 29, 2026. These minutes detail the review and determination of discount rates for depository institutions. The process for setting the discount rate differs from that of the Federal Open Market Committee's federal funds rate target range.
- ▪The minutes were released on Tuesday by the Federal Reserve Board.
- ▪They cover meetings that took place on April 20 and 29, 2026.
- ▪The discount rate setting process is separate from the federal funds rate process.
Opening excerpt (first ~120 words) tap to expand
The Federal Reserve Board on Tuesday released the minutes from its recent meetings to review and determine the discount rates provided to depository institutions through the discount window. Today's minutes cover the Board meetings that occurred on April 20 and 29, 2026. 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. For media inquiries, please email [email protected] or call 202-452-2955. Attachment (PDF)
Excerpt limited to ~120 words for fair-use compliance. The full article is at Federal Reserve — Press Releases.