History, 18.07.2019 19:30 nothingworksoutforme

The rate is the interest rate banks charge each other for borrowing or storing money. a.)federal reserve interest b.)federal funds c.)loan interest

Answers: 2

Show answers

Answers

Answer from: archiecom55

Federal funds rate is the answer

Answer from: destinyhammons12345

Answering the question, the Federal fund rate is the interest rate banks charge each other for borrowing or storing money.

The federal fund rate can be defined as the interest rate that banks charge when they take money from their reserve balance and borrow other banks on an overnight basis.

Further Explanation

Under the financial law, it is a must for all banks to maintain certain deposits in their accounts with the Federal Reserve Bank. This also implies that the banks must maintain a reserve that is equal to a particular percentage of their accounts.

However, if banks have more than the required amount in their accounts, they can decide to borrow other banks.

In the United States, the federal fund rate is one of the most significant interest rates. It is very significant because it affects monetary and other financial conditions which influence some critical aspects of the economy such as inflation, growth, and employment.

The federal fund rate also has a major influence on the short term interest rate and the prime rate.

The Federal Reserve Bank is the central bank of the United States. It was created in 1913 with the introduction of the Federal Reserve act.

The functions of the Federal Reserve Bank include:

Controlling the activities of financial institutions

Providing support for commercial banks across the country

LEARN MORE:

The rate is the interest rate banks charge each other for borrowing or storing money The federal fund rate is the interest rate banks charge each other for borrowing or storing money

KEYWORDS:

federal funds ratefederal reserve bankunited statescommercial banksinterest rate

Answer from: Quest

china unilaterally claims the entire south china sea as sovereign territory, then builds artificial islands to bolster its claim. it suddenly activates an air defense identification zone over the east china sea, and threatens to down any aircraft that does not report its position. it builds roads into indian territory, then redraws the maps to show that it is actually chinese territory. the people's republic under president xi jinping is quickly becoming the bully of asia.

Hi, , i need , it’s due to tomorrow. 1. how did the civil service examinations affect chinese socie

Answer from: Quest

more than 65,000 union soldiers had been killed that summer.

more than 65, is the correct

Another question on History

History, 22.06.2019 03:30

Considering the case of the two health clinics above, why do you think that trouble was brewing? there was serious competition for tech jobs at the downtown clinic. the new technology at the uptown clinic was too difficult for the staff to understand. the doctors pitted the staff of one clinic against the staff at other clinic. the staff at the downtown clinic saw that their colleagues at the uptown clinic were treated better and had more opportunity.

Answers: 3

Answer

History, 22.06.2019 05:20

What was feudalism? (define the structure)

Answers: 2

Answer

History, 22.06.2019 07:00

Which of the following statements about the economic consequences of the civil war is not accurate. a. inflation caused prices to rise by 80% in the north. b. because southern farms cannot process enough food for everyone in the south the union navy allowed food shipments from britain. c. to pay for all of the food supplies and arrangements that were necessary for the union army congress instituted an income tax. d. business boomed in the north as factories and farms always had a market for their products.

Answers: 3

Answer

History, 22.06.2019 08:30

Atsar was a russian leader in early 1900 who was similar to a?

Answers: 1

Answer

You know the right answer?

The rate is the interest rate banks charge each other for borrowing or storing money. a.)federal re...

Questions