NEW YORK BANK RATE DOWN
Reed. 9.25 a.m. NEW YORK, Thurs. The Federal Reserve Bank has reduced its re-discount rate from 3 per cent, to 2i per cent. This is the first time in the history °f the Federal Reserve system that °f its banks has had a rate below 3 per cent.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/SUNAK19300620.2.140.5
Bibliographic details
Sun (Auckland), Volume IV, Issue 1003, 20 June 1930, Page 13
Word Count
53NEW YORK BANK RATE DOWN Sun (Auckland), Volume IV, Issue 1003, 20 June 1930, Page 13
Using This Item
Stuff Ltd is the copyright owner for the Sun (Auckland). You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.