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Thursday, February 18, 2010

Fed Raises Discount Rate to 0.75% From 0.50%

Fed Raises Discount Rate to 0.75% From 0.50%

The U.S. Federal Reserve shocked markets Thursday by unexpectedly raising the Fed Discount Rate by 0.25 percentage points to 0.75 percent.



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discount ratethe interest rate charged to commercial banks and other depository institutions on loans they receive from their regional Federal Reserve Bank's lending facility—the discount window.
File:Federal Funds Rate 1954 thru 2009 effective.svg

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