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The Federal
Funds Rate is the cost of borrowing immediately available funds, primarily
for just one day. The effective rate is weighted average of the
reported rates at which different amounts of the day's trading through New
York Brokers occurs.
Federal Funds
Rate History: For Historical Reference Only: Rates and explanations
provided by the Federal Reserve System. Accuracy of our
information is not guaranteed. Some rates are rounded due mid-month
changes or may contain typographical errors. If you find a
typographical error in the rate table let us know.
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