The federal funds rate is the interest rate on _, and it is controlled by the _.

1 answer:

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The federal funds rate is the interest rate at which private depository institutions (mostly banks) lend balances (federal funds) at the Federal Reserve to other depository institutions. reserves that banks lend to each other; Federal Open Market Committee

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The federal funds rate is the interest rate on _____, and it is controlled by the _____.

The federal funds rate is the interest rate on _, and it is controlled by the _.