The rate that the Fed controls most closely through its open-market operations is the

Name: The rate that the Fed controls most closely through its open-market operations is the
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The federal funds rate is the interest rate at which depository institutions trade federal funds (balances held at Federal Reserve Banks) with each other overnight. The Federal Reserve uses open-market operations to target this interest rate and keep it within a certain range, making it the rate they control most closely.

The Rate That the Fed Controls Most Closely Through Its