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In the United States, the federal funds rate is the interest rate at which depository institutions (banks and credit unions) lend reserve balances to other depository institutions overnight on an uncollateralized basis.
- Interest rate - Wikipedia
For example, the Federal Reserve federal funds rate in the...
- Federal Reserve - Wikipedia
The federal funds rate is a short-term interest rate that...
- History of Federal Open Market Committee actions - Wikipedia
This is a list of historical rate actions by the United...
- Interest rate - Wikipedia
Feb 1, 2024 · The federal funds rate is the target interest rate set by the Fed at which commercial banks borrow and lend their extra reserves to one another overnight.
It lends money to other, smaller banks. The Federal Reserve Board is a group of financial leaders who work for the Federal Reserve and decide how much to charge these banks for borrowing money (this charge is called an "interest rate"). The Federal Reserve interest rate is decided by the Federal Reserve Board after studying the condition of the ...
Dec 11, 2015 · The chairwoman of the Federal Reserve has begun the process of raising interest rates, a move that her predecessors have taken in recent decades as they put their own distinctive stamp on the economy.
