The rate of interest banks charge other banks for overnight loans of reserves is the

Question

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The federal funds rate is the rate of interest that banks charge each other for overnight loans of reserves. The discount rate is the rate at which banks can borrow directly from the Federal Reserve. The prime rate is the interest rate commercial banks charge their most creditworthy customers. The real rate is the nominal interest rate minus the inflation rate.

The Rate of Interest Banks Charge Other Banks for Overnight