Full text of Mimeograph Letters and Statements of the Board : Statement for the Press Announcing Rediscount Rate of Federal Reserve Bank of Boston, Number X-5070, Volume 28, Page 289

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X-5070

FEDERAL RESERVE BOARD
STATEMENT FOR THE PRESS

For immediate Release:
February 7, 1928
3 o'clock p.m.
The Federal Reserve Board announces that the
Federal Reserve Bank of Boston has established a rediscount rate of 4 per cent on all classes of paper of all
maturities, effective February 8, 1928 •

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