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   |  
|  |  Dates for:   1999    |  1998    |  1997    |  1996    |  1995    |  1994    |  1993    |  1992    |  1991    |  1990
 
 
| 1996 |  
| FOMC Meeting | Directive | Bias | Vote | Policy Change | Fed Funds Target | Change | Discount Rate | Change |  
| 1/30 & 1/31 | Decrease Slightly | Symmetrical | 10 to 0 | 1/31 | 5.25 | - 0.25 | 5.00 | - 0.25 |  
| 3/26 | Maintain | Symmetrical | 10 to 0 |  | 5.25 |  | 5.00 |  |  
| 5/21 | Maintain | Symmetrical | 10 to 0 |  | 5.25 |  | 5.00 |  |  
| 7/2 & 7/3 | Maintain | Tighter | 11 to 1 |  | 5.25 |  | 5.00 |  |  
| 8/20 | Maintain | Tighter | 11 to 1 |  | 5.25 |  | 5.00 |  |  
| 9/24 | Maintain | Tighter | 11 to 1 |  | 5.25 |  | 5.00 |  |  
| 11/13 | Maintain | Tighter | 12 to 0 |  | 5.25 |  | 5.00 |  |  
| 12/17 | Maintain | Tighter | 12 to 0 |  | 5.25 |  | 5.00 |  |  
 
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