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Bookmark or Share- Federal Funds Effective Rate (FEDFUNDS) - FRED | St. Louis FedThe federal funds rate is the interest rate at which depository institutions trade federal funds (balances held at Federal Reserve Banks) with each other overnight. When a depository institution has surplus balances in its reserve account, it lends to other banks in need of larger balances.
- Effective Federal Funds Rate (I:EFFRND) - YChartsEffective Federal Funds Rate is at 4.33%, compared to 4.33% the previous market day and 5.33% last year. This is lower than the long term average of 4.61%. The Effective Federal Funds Rate is the rate set by the FOMC (Federal Open Market Committee) for banks to borrow funds from each other.
- Federal Funds Rate: What It Is, How It's Determined, and ... - InvestopediaThe federal funds rate is the target interest rate set by the Fed at which commercial banks borrow and lend their extra reserves to one another overnight.
- Effective Federal Funds Rate (EFFR) | FRED | St. Louis FedThe effective federal funds rate (EFFR) is calculated as a volume-weighted median of overnight federal funds transactions reported in the FR 2420 Report of Selected Money Market Rates. For more information, visit the Federal Reserve Bank of New York.
- Federal Funds Rate | Federal Reserve Fed Fund Rates - BankrateBankrate.com provides today's current federal funds rate and rates index.
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