Interest rates and Federal Fund rate

label Economics
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schedule 1 Day
account_balance_wallet $5

How does the interest rate and inflation influence the amount of money we choose to hold?Who is the current chair of the Federal Reserve System? What is the current Federal Funds Rate? Can you explain the purpose of the Federal Funds Rate? ORIG ONLY!

Jun 14th, 2014

I.inflation drives intersest rates which is influencing the demand for money, thus, we chose to hold.

II. Janet L. Yellen, Chair

III. 0.25%

IV. federal funds rate or overnight rate between bank to bank transfers


Jun 14th, 2014

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Jun 14th, 2014
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Jun 14th, 2014
Jun 26th, 2017
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