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Topic: interest-rates

The Federal Reserve Bank of New York building
Economy
Friday, 7/24, 01:16 AM

What is the federal funds rate, and how the Fed actually sets it

  • When the news says the Federal Reserve 'raised rates,' it means one specific rate: the federal funds rate, what banks charge each other to borrow overnight.
  • The Fed does not dictate it by decree.
  • It sets a target range and then uses a set of tools to keep the market rate inside it, and everything from mortgages to savings yields follows.

In brief

In brief

interest-rates — news and stories on this topic

This page collects all of Boursel's coverage of interest-rates. Follow the topic from one place: new stories appear here automatically as more is published. That way you stay on top of how the situation develops.

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