The Federal Funds rate is the Interest Rates banks will lend to each other overnight. It is considered a benchmark for interest rates as a whole1.
1. Wang, J. J. Central Banking 101. (Joseph, 2021).
The Federal Funds rate is the Interest Rates banks will lend to each other overnight. It is considered a benchmark for interest rates as a whole1.
1. Wang, J. J. Central Banking 101. (Joseph, 2021).