Federal Reserve Releases Minutes from July Discount Rate Meetings

The Federal Reserve Board released minutes from its discount rate meetings held on July 20 and July 29, 2026. The documents detail the Board’s review and determination of discount rates provided to depository institutions through the discount window. The process for setting discount rates is distinct from the Federal Open Market Committee’s procedure for establishing the federal funds rate target range. The minutes were made public on August 25, 2026, at 2:00 p.m. EDT. For media inquiries, contact media@frb.gov or 202-452-2955.

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