Minutes of the Federal Reserve Board’s Discount Rate Meetings From February 14 Through March 16, 2022

Excerpt:  “At today’s meeting [March 16, 2022], there was consensus for a 25-basis-point increase, and the Board approved an increase in the primary credit rate from 0.25 percent to 0.5 percent, effective March 17, 2022, for the ten Reserve Banks that had voted for such an increase.”