📰 Past Rates

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❔ is it customary for the Fed to change the discount rate? (Do they do it often or — similar to changing the reserve requirement — do they do it only infrequently?) Can we also talk about historic examples where they have changed the discount rate, and the resulting impact on the economy?

✔ Please see the following link for examples: https://fred.stlouisfed.org/graph/?g=1htiO

They typically change the discount rates whenever they change the Fed funds targets. As you can see in the link above, they tend to move together in lockstep.