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单词 Federal funds
释义 Federal funds

Federal funds (also fed funds) noun [pl.]

money that is put into federal reserve banks by other banks that can be used for short, temporary loans to banks that need it. The rate of interest charged on such loans is an important sign of what the economy is doing:

a cut in the 3.5 per cent Federal funds rate

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更新时间:2024/9/21 15:45:58