Federal Reserve Board publishes the minutes of its discount rate meetings of August and September

15 October 2026

The Board of Governors of the Federal Reserve System released the minutes of its discount rate meetings on October 13, 2026.
The minutes cover the Board's meetings of August 17, September 9 and September 16, 2026.
The release notes that the Board's discount rate process is distinct from the process the Federal Open Market Committee follows in setting the target range for the federal funds rate.
The discount rate is the rate charged on credit the Reserve Banks extend to depository institutions, and it is set by the Board rather than by the policy committee.
The detailed record of the meetings is issued as an attachment to the release.