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Minutes of the Board's discount rate meetings on January 20 and 28, 2026

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What changed vs prior statement

  • 01FOMC meeting minutes replaced with Board discount rate meeting minutes; shift from broader policy committee to narrower rate-setting body focus.
  • 02January 28 date appears in both, but current statement adds January 20 discount rate meeting, expanding coverage timeline backward.
  • 03Discount rate decisions now primary subject versus FOMC's broader monetary policy deliberations; indicates focus change to specific lending facility adjustments.

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Minutes of the Board's discount rate meetings on January 20 and 28, 2026

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