The effective federal funds rate is the volume-weighted median of overnight rates banks pay when they borrow from other banks in the country. As of December 18, it was 4.50%. The federal funds ...

you can take it. The federal funds rate is the interest rate depository institutions charge each other for overnight loans. The effective federal funds rate (EFFR) is the median rate charged for ...

The Federal Reserve in last week’s policy meeting left interest rates unchanged at a 4.25%-4.50% range, and a repeat ...