Which of the following BEST describes the Federal Funds Rate? ANSWER Unselected The monetary policy to ensure economic stability by managing the nation's money supply Unselected The amount commercial banks charge when they lend money overnight Unselected The rate the Federal Reserve gives on the interest payable on loans, used when the Fed wants to reduce the supply of money Unselected The percentage of deposits a bank must hold, in cash or on deposit, with the Federal Reserve