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  • 23-08-2022
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Who makes decisions regarding changes in the discount rate?

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thatbookishnat
thatbookishnat thatbookishnat
  • 23-08-2022

Answer: the Board of Governors of the Federal Reserve

Explanation: The individual boards of directors of each of the twelve Federal Reserve Banks vote on discount rate recommendations. Requests from individual Reserve Banks to change the discount rate go to the Board of Governors of the Federal Reserve System, located in Washington, D.C., for approval.

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