The federal funds rate (fed funds rate) is one of the most important interest rates for the U.S. economy, as it affects broad economic conditions in the country, including inflation, growth, and employment. TheFederal Open Market Committee(FOMC) sets the target for the federal funds rate an...
The federal funds rate is closely related to short-term interest rates in the broader market, so these transactions directly impact eurodollar andSOFRrates as well.4The Federal Reserve announces the effective fed funds rate at the end of each trading day, which is the weighted average rate for...
US Treasury yields were broadly steady across the curve on Tuesday with markets awaiting the FOMC meeting later today. While the policy Fed Funds Rate is expected to be unchanged, insights on the path of interest rates are said to be keenly watched out for. US consumer confidence data rose i...