Federal Reserve Lowers Primary and Secondary Credit Rates
October 02, 2025
October 02, 2025
WASHINGTON, Oct. 2 (TNSFR) -- The Federal Reserve System adopted amendments to its Regulation A to reflect a reduction in the rate for primary credit at each Reserve Bank. This action resulted in an automatic decrease in the secondary credit rate at each Reserve Bank, based on a predetermined formula. These changes were applicable on Sept. 18, 2025.
Federal Reserve Banks offer primary and secondary credit to depository institutions, giving them a source of backup funding for short-t . . .
Federal Reserve Banks offer primary and secondary credit to depository institutions, giving them a source of backup funding for short-t . . .