Federal Reserve Bank of New York discount rate| ��ƽ��

Average discount rate of the Federal Reserve Bank of New York from 1990 to 2021

Year	Rate
2021*	0.25%
2020	0.58%
2019	2.75%
2018	2.46%
2017	1.63%
2016	1.02%
2015	0.77%
2014	0.75%
2013	0.75%
2012	0.75%
2011	0.75%
2010	0.73%
2009	0.5%
2008	2.17%
2007	5.79%
2006	6.02%
2005	4.25%
2004	2.4%
2003	2.1%
2002	1.17%
2001	3.41%
2000	5.73%
1995	5.21%
1990	6.98%

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Release date

October 2021

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Region

United States

Survey time period

1990 to 2021

Supplementary notes

Figures refer to annual averages of monthly data.
*Figure for 2021 refers to the period from January to August 2021.
Rate for the Federal Reserve Bank of New York. Beginning 2003, the rate charged for discounts made and advances extended under the Federal Reserve's primary credit discount window program, which became effective January 9, 2003. The rate replaced that for adjustment credit, which was discontinued after January 8, 2003.

Citation formats

In the United States, the average discount rate of the Federal Reserve Bank of New York decreased overall, albeit with fluctuation, between 1990 and 2021. In 2021, the discount rate averaged 0.25 percent - a decrease from the previous year, when the average discount rate was 0.58 percent. At the beginning of the time period under observation, the discount rate of the Federal Reserve Bank of New York averaged about seven percent, so there has been an overall decrease of around 6.75 percent since then.