Overnight Rate (Federal Funds Rate): Definition and How It Works

Overnight Rate (Federal Funds Rate): Definition and How It Works

The overnight rate is the interest rate at which a depository institution can lend or borrow funds that are required to meet overnight balances.

Frequently Asked Questions - Alternative Reference Rates Committee

What did the Fed do in response to the COVID-19 crisis?

Fed funds rate level in the U.S. 1990-2022

The Fed, Still Inflation-Focused, Raised Rates Amid Bank