Federal funds rate (money)

Definition: [crh] The interest rate that banks with excess reserves at a Federal Reserve districtDefinition: bank charge other banks that need overnight loans. The Fed funds rate, as it is called, often points to the direction of US Definition: /?rd=interest +rates">interest rates. The most sensitive indicator of the direction of interest rates, since it is set daDefinition: ily by the market, unlike the prime rate and the discount rate.

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Federal funds rate (money)

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