Fed funds: Difference between revisions
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Banks may lend federal funds to each other on an overnight basis at the federal funds rate to help the borrowing bank satisfy its reserve requirements or liquidity needs. | Banks may lend federal funds to each other on an overnight basis at the federal funds rate to help the borrowing bank satisfy its reserve requirements or liquidity needs. | ||
== See also == | == See also == | ||
* [[Federal Reserve Bank]] | * [[Federal Reserve Bank]] | ||
* [[Federal Reserve System]] | * [[Federal Reserve System]] | ||
Revision as of 10:20, 12 March 2014
US Banking.
Funds deposited by commercial banks at Federal Reserve Banks, including funds in excess of bank reserve requirements.
Banks may lend federal funds to each other on an overnight basis at the federal funds rate to help the borrowing bank satisfy its reserve requirements or liquidity needs.
