Federal funds rate/Definition: Difference between revisions
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imported>Kjetil Ree (The interest rate charged by banks for short time loans to other banks.) |
imported>Nick Gardner mNo edit summary |
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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 06:36, 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.