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Federal funds rate |
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Federal funds rateThe interest rate on very short-term loans from one commercial bank to another in the United States. This rate is used as a target for monetary policy by the Fed.Federal funds rateThe interest rate that banks with excess reserves at a Federal Reserve district bank charge other banks that need overnight loans. The Fed funds rate, as it is called, often points to the direction of US interest rates. The most sensitive indicator of the direction of interest rates, since it is set daily by the market, unlike the prime rate and the discount rate.Federal funds rate Similar MatchesFederal Financing BankFederal Financing BankA federal institution that lends to a wide array of federal credit agencies funds it obtains by borrowing from the US Treasury. Freddie Mac (Federal Home Loan Mortgage Corporation)Freddie Mac (Federal Home Loan Mortgage Corporation)A Congressionally chartered corporation that purchases residential mortgages in the secondary market from S&Ls, banks, and mortgage bankers and securities these mortgages for sale in the capital markets. Federal Reserve Act of 1913Federal Reserve Act of 1913Federal legislation that established the Federal Reserve System. Federal Maritime Commission (FMC)Federal Maritime Commission (FMC)A U.S. government agency that regulates and administers the shipping industry. This agency also grants freight forwarder licenses. Federal Insurance Contributions ActFederal Insurance Contributions ActIn the US, the federal law which directs employers to withhold a proportion of employees' salaries for payment to the government in order to provide future pension and other social security benefits. Further SuggestionsFederal gift taxFederal Deposit Insurance Corporation Federal Intermediate Credit Bank Federal Reserve notes Federal Land Bank Federal Reserve Board (FRB) Board of Governors of the Federal Reserve System Federal credit agencies federal agency security Federal Home Loan Banks Federal Agricultural Mortgage Corporation (Farmer Mac) Federal Farm Credit Bank Federal Housing Administration (FHA) Federal agency securities Federal Reserve System Federal Savings and Loan Association Federal Reserve Bank Federal National Mortgage Association Federal Reserve District (Reserve district or district) Federal National Mortgage Association Federal Home Loan Mortgage Corporation (FHLMC) federal gift tax Federal agency bond Federal Reserve Board Off budget Federal entities |
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