October 14, 2026

Budget, Credit Cards

Fed Discount Rate Minutes Show Hike Requests Grew From 2 Banks to 7 in September

A formal empty boardroom inside a neoclassical government building with a long polished dark walnut conference table surrounded by twelve vacant brown leather armchairs and tall arched windows casting soft morning light across the table surface

Federal Reserve Board minutes show Reserve Bank requests for a 4.00% discount rate grew from two banks in August to seven by the September 16 meeting.

Laura Adams
October 14, 2026