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The short-term rate at which banks lend to each other is called the______________ . This is also the rate that the Fed sets a target
The short-term rate at which banks lend to each other is called the______________ . This is also the rate that the Fed sets a target range for during the FOMC meetings.
A. Federal Funds Rate
B. Call money rate
C. Federal Reserve rate
D. Discount Rate
E. Federal Loan rate
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