Minutes of the Board's discount rate meetings on October 6, October 20, and October 29, 2025

Home News & Events Press Releases Press Release <div class="js-disabled text-center"> <span class='icon icon-alert icon--jsAlert'></span> <span><strong>Please enable JavaScript if it is disabled in your browser or access the information through the links provided below.</strong> </span> </div> November 25, 2025 Minutes of the Board's discount rate meetings on October 6, October 20, and October 29, 2025 For release at 2:00 p.m. EST Share 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 October 6, October 20, and October 29, 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 email [email protected] or call 202-452-2955. Attachment (PDF) Last Update: November 25, 2025