Real Estate Glossary

Federal Funds Rate

inflation calculator
Richard Wilson
Written by Richard Wilson

This is a centrally controlled interest rate set by the Federal Reserve Bank. It is the interest rate banks charge each other for overnight loans to meet reserve requirements. It is utilized to maximize employment and minimize inflation.

This is a centrally controlled interest rate set by the Federal Reserve Bank. It is the interest rate banks charge each other for overnight loans to meet reserve requirements. It is utilized to maximize employment and minimize inflation.

About the author

Richard Wilson

Richard Wilson

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