5 Feb 2025
📊Federal Reserve Approves Extension of Money Market Rates Report
Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB
Summary
The Board of Governors of the Federal Reserve System (Board) is adopting a proposal to extend for three years, with revision, the Report of Selected Money Market Rates (FR 2420; OMB No. 7100-0357).
Agencies
- Federal Reserve System
Business Impact
$$ - Med
The content pertains to the Federal Reserve's information collection activities, specifically focusing on the Report of Selected Money Market Rates (FR 2420). Businesses engaged in banking or money market operations must comply with revised reporting requirements and may incur additional burdens as the estimated total annual burden hours have increased.