Federal Reserve System November 9, 2005 – Federal Register Recent Federal Regulation Documents

The Board has approved the 2006 fee schedules for Federal Reserve priced services and electronic access and a private-sector adjustment factor (PSAF) for 2006 of $117.7 million. These actions were taken in accordance with the requirements of the Monetary Control Act of 1980, which requires that, over the long run, fees for Federal Reserve priced services be established on the basis of all direct and indirect costs, including the PSAF. The Board has also approved maintaining the current earnings credit rate on clearing balances.