Week 6 Discussion 2 - institutions lend balances to each...

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Absolutely Denisse and these rates can be affected by trading government securities. The target rate for trading is determined by the Federal Open Market in the federal funds market. This is what the Federal Bank of New York does. The federal funds rate is that by which depository
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Unformatted text preview: institutions lend balances to each other overnight. The Federal Reserve Bank of New York posts their historical data for Federal Funds on their site. Source: http://www.newyorkfed.org/markets/omo/dmm/fedfundsdata.cfm...
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This note was uploaded on 03/26/2012 for the course ECON GM545 taught by Professor Gotches during the Summer '11 term at Keller Graduate School of Management.

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