Federal funds rate/Definition: Difference between revisions
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The interest rate | <noinclude>{{Subpages}}</noinclude> | ||
The overnight interest rate at which banks lend balances at the Federal Reserve to other banks. | |||
Latest revision as of 07:36, 24 November 2009
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Federal funds rate [r]: The overnight interest rate at which banks lend balances at the Federal Reserve to other banks.