单词 | federal funds rate |
释义 | federal funds rate in Finance (fɛdərəl fʌndz reɪt) noun (Finance: Banking) The federal funds rate is the overnight rate between banks. As long as foreign banks continue to want US debt, then the international interestrate set by the bond market bypasses the federal funds rate. The Federal Reserve has begun to increase the federal funds rate on a consistent basis, and lending rates will undoubtedly increase. The federal funds rate is the overnight rate between banks. |
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