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  1. Skol
    33,131 Posts.
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    20/01/17
    08:35
    Post #: 22018655
    OMG!!!

    The Fed Funds rate has nothing to do with mortgages or business transactions...

    In the United States, the federal funds rate is the interest rate at which depository institutions (banks and credit unions) lend reserve balances to other depository institutions overnight, on an uncollateralized basis.

    God spare me!!!
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    lightbulb Created with Sketch.  Great analysis
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