FN
Asset Classes
Entities
List of All Entities
Entity Types
Events
List of All Events
Event Types
Factors
Industries
Locations
List of All Locations
Location Types
People
List of All People
List of all Positions
Publications
List of All Publications
Publication Types
Strategies
Terms
Theories
Tilts
Wisdom
Terms
Home
Terms
Fixed Income Terms
Interest Rate
Federal Funds Rate
Federal Funds Rate
Parent term
Interest Rate
The Federal Funds Rate is the short-term interest rate that banks use to lend money to each other overnight. It is set by the Federal Reserve.
More about Federal Funds Rate
Mentioned by the Following
Terms
Prime Rate
Experts
Child Terms
Notes