The fed funds rate is the rate thata banks charge for loans, Ask an Expert

Finance

The Fed funds rate is the rate that

A. banks charge for loans to corporate customers.

B. banks charge to lend foreign exchange to customers.

C. the Federal Reserve charges on emergency loans to commercial banks.

D. banks charge each other on loans of excess reserves.

E. banks charge securities dealers to finance their inventory.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91271267

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