The rate determined in the ________ is the major factor that influences the rates paid on all the other money market instruments.

Name: The rate determined in the ________ is the major factor that influences the rates paid on all the other money market instruments.
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The federal funds market rate is a key interest rate that influences the rates on other money market instruments, as it reflects the cost of overnight borrowing for banks in the U.S. financial system.

The Rate Determined in the ________ Is the Major Factor