Federal Funds Rate,
Federal Funds Rate:
The federal funds rate is a target rate set by the Federal Open Market Committee (FOMC) at which commercial banks borrow overnight and lend their surplus to each other.
- The federal funds rate is the target rate set by the FOMC at which commercial banks borrow and lend their excess reserves overnight.
- The FOMC sets federal funding targets eight times a year, depending on current economic conditions.
- Federal funds rates can affect consumer loans and credit cards, as well as short-term interest rates on the stock market.
Federal Funds Rate means: The rate at which a custodian gives instant funds (Federal Reserve funds) to another guard overnight. Note: Federal funds rates are often confused with discount rates. This is the interest rate that the Federal Reserve receives on loans from the Federal Reserve Bank. But they are not the same.
Banks of interest charge each other for the daily use of additional reserves.
Literal Meanings of Federal Funds Rate
Meanings of Federal:
It has had or is affiliated with a system of government in which several states form a single unit, but remain independent in domestic affairs.
Sentences of Federal
The agreement of the Russian Federation divides the power between the federal and local governments of Russia
Meanings of Funds:
The amount of savings or money available for a specific purpose.
Pay for a specific purpose.
Sentences of Funds
Created a fund to coordinate economic investment
The World Bank refused to finance the project
Synonyms of Funds
collection, kitty, reserve, pool, purse, finance, pay for, back, capitalize, sponsor, provide capital for, provide finance for, put up the money for, subsidize, underwrite, endow, support, be a patron of, float, maintain
Meanings of Rate:
Size, quantity, or frequency are usually measured in terms of another quantity or measure.
Sentences of Rate
The show has seemed a bit unfocused in recent episodes
Synonyms of Rate
charge, price, cost, tariff, hire, fare, figure, amount, outlay, assess, evaluate, appraise, weigh up, judge, estimate, calculate, compute, gauge, measure, adjudge, value, put a value on