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Forex Trading What is the Federal Funds Rate?
avatar linda0480
Question by: Linda - 14 Oct 2015, 09:56:13
What is the Federal Funds Rate?
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Answers (3)
avatar user 7831
Answer by: Jeremy - 15 Oct 2015, 09:12:40

The interest rate that banks with excess reserves at a Federal Reserve district bank charge other banks that need overnight loans.

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Answer by: Joseph - 22 Oct 2015, 08:37:36

The interest rate banks charge each other on loans used to meet reserve requirements.

avatar user 7890
Answer by: Samanthar - 26 Oct 2015, 09:28:30

The federal funds rate is a key element in how banks operate in the U.S.

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