Federal funds rate (联邦基金利率)

Federal funds rate (联邦基金利率 liánbāng jījīn lìlǜ) refers to the interest rate at which banks and other depository institutions charge when lending money to each other overnight.

(lì) as in benefit (利处lìchù), favorable (有利yǒulì), disadvantage (不利búlì), or interest/return (利好 lìhǎo).

(lǜ) as in ratio (比率 bǐlǜ), heart rate (心率 xīnlǜ), probability (几率jīǜ), or efficiency (功率gōnglǜ).

Federal funds rate (联邦基金利率 liánbāng jījīn lìlǜ) word examples:

  1. Effective federal funds rate (有效联邦基金利率 yǒuxiào liánbāng jījīn lìlǜ).
  2. Federal funds rate target (联邦基金利率目标 liánbāng jījīn lìlǜ mùbiāo).
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