Investment Fundamentals December 2015: Federal Funds Rate
SEI provides a concise overview of the Federal Funds Rate, how it’s determined, and what it means for you.
- The federal funds rate is an interest rate set by the Federal Reserve for borrowing and lending between major banks.
- The FOMC’s strategy around setting the target federal funds rate requires a delicate balancing act.
- Changes made to the federal funds rate have implications for the broader economy.
Read more Fed Funds Rate Dec 2015.