Federal funds rates usually parallel the:

Name: Federal funds rates usually parallel the:
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Question

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The Federal funds rate is the interest rate at which depository institutions (like banks) lend reserve balances to each other overnight. The U.S. Treasury bill rate, which is the interest rate at which the government borrows money by selling Treasury bills, is closely tied to the Federal funds rate. Therefore, Federal funds rates usually parallel the U.S. Treasury bill rate.

Federal Funds Rates Usually Parallel The