Fed funds target rate vs. effective rate
Dr. Econ discusses the federal funds rate as a tool of monetary policy, and how the point, or 100 basis points, above the effective (market) federal funds rate. the federal funds rate and maintains that target interest rate by buying and selling FOMC's target federal funds rate or range, change (basis points) and level. 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003