Federal Funds Rate

US banking.

The Federal Funds Rate is the rate of interest charged on overnight loans from banks’ deposit accounts held at the Federal Reserve (the USA’s central monetary authority) to other banks.

See also

• Benchmark
• Board of Governors of the Federal Reserve System
• EFFR
• Fed funds
• Federal funds futures (FFF)
• Federal Reserve
• Federal Reserve Bank
• Federal Reserve System
• Monetary authority
• OBFR
• Policy interest rate
• SOFR