About: dbpedia:Federal_funds

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In the United States, the federal funds rate is "the interest rate" at which depository institutions (banks and credit unions) actively trade balances held at the Federal Reserve, called federal funds, with each other, usually overnight, on an uncollateralized basis. Institutions with surplus balances in their accounts lend those balances to institutions in need of larger balances.

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rdfs:comment	In the United States, the federal funds rate is "the interest rate" at which depository institutions (banks and credit unions) actively trade balances held at the Federal Reserve, called federal funds, with each other, usually overnight, on an uncollateralized basis. Institutions with surplus balances in their accounts lend those balances to institutions in need of larger balances.
rdfs:seeAlso	dbpedia:History_of_Federal_Open_Market_Committee_actions
foaf:depiction
thumbnail	http://commons.wikimedia.org/wiki/Special:FilePath/FedfundsCAP.png?width=300

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