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What is the federal fund rates?

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Anonymous

7y ago
Updated: 8/3/2021

The federal funds rate is the rate which banks charge one another for overnight loans used to provide needed capital to meet reserve requirements. The federal funds rate is the rate which the federal reserve may adjust thru open market operations such as the buying and selling of US treasuries. As of March 2010, the federal funds rate hovers between 0 and .25%.

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Josefa Bergnaum

Lvl 10
4y ago

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