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Fed board approves discount rate rise by Minneapolis fed to 1%

Rate rises from 0.75% to 1.0%

Here is the press release:

On further inspection, it looks like the Fed did the same thing for the Federal Reserve Bank of NY yesterday...

Anyway, it is not a big deal.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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