Financial Assistance, Compliance
15 Jan 2025
banking, federal reserve, reporting and recordkeeping requirements, banks, economic policy, business financing, federal reserve system, regulation a, credit rates
📉Federal Reserve's Regulation A Changes Affect Business Credit Rates
The Board of Governors of the Federal Reserve System ("Board") has adopted final amendments to its Regulation A to reflect the Board's approval of a decrease in the rate for primary credit at each Federal Reserve Bank. The secondary credit rate at each Reserve Bank automatically decreased by formula as a result of the Board's primary credit rate action.
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