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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
53

NEW YORK BANK RATE DOWN Sun (Auckland), Volume IV, Issue 1003, 20 June 1930, Page 13

NEW YORK BANK RATE DOWN Sun (Auckland), Volume IV, Issue 1003, 20 June 1930, Page 13

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