takadamk4398 takadamk4398
  • 16-12-2020
  • Business
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The __________ Rate is the interest rate the Fed charges banks and thrifts to borrow to meet the reserve requirement.

Respuesta :

ewomazinoade ewomazinoade
  • 17-12-2020

Answer:

Federal funds rate

Explanation:

The federal funds rate is the interest rate at which depository institutions (banks and thrifts) lend reserve balances to each other to meet reserve requirements.

Reserve requirements are the amount of funds required by the central bank  that banks should keep as reserves to meet liabilities

the Federal funds rate is currently  maintained at a range of 0% to 0.25%

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