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What is the Federal Funds Rate?
The Federal funds rate is the interest rate at which a depository institution lends immediately available funds (balances at the Federal Reserve) to another depository institution overnight.
andrewpallarca|Points 32483|
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Asked 3/4/2014 11:01:29 PM
Updated 11/15/2016 10:54:10 AM
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Confirmed by yumdrea [11/15/2016 10:54:10 AM]
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