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June 03, 2025
Minutes of the Board's discount rate meetings on April 7, April 28, and May 7, 2025
For release at 2:00 p.m. EDT
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 7, April 28, and May 7, 2025.
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 e-mail [email protected] or call (202) 452-2955.
Note: On June 3, 2025, the press release was updated to correct the May meeting date from May 8 to May 7.
Last Update:
June 03, 2025
