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).
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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).