Federal Funds Rate
The federal funds rate is the interest rate at which banks lend reserve balances to each other overnight. It is set by the Federal Reserve and serves as a benchmark for short-term interest rates in the U.S. financial system.
The federal funds rate is the interest rate at which banks lend reserve balances to each other overnight. It is set by the Federal Reserve and serves as a benchmark for short-term interest rates in the U.S. financial system.
