nicoleparker2000 nicoleparker2000
  • 18-04-2020
  • Business
contestada

What was the interest rate in 2002?

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annalymarie04
annalymarie04 annalymarie04
  • 18-04-2020
The federal funds and effective rate was 1.67% and the rate charged by banks was 4.67%
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djiarielle
djiarielle djiarielle
  • 18-04-2020

   Type                                       2002

Federal funds, effective rate :  1.67%

Prime rate charged by banks:  4.67

Discount rate:                              1.17

Eurodollar deposits, 3-month:    1.73

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