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Simple English definitions for legal terms

fed-funds rate

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A quick definition of fed-funds rate:

Term: FED-FUNDS RATE

Definition: The fed-funds rate is the interest rate at which banks lend and borrow money from each other overnight. It is set by the Federal Reserve and is used as a tool to control the economy. When the fed-funds rate is low, it encourages borrowing and spending, which can stimulate economic growth. When the fed-funds rate is high, it discourages borrowing and spending, which can slow down inflation.

A more thorough explanation:

Fed-Funds Rate

The Fed-Funds Rate is the interest rate at which banks lend and borrow money from each other overnight to meet their reserve requirements. It is set by the Federal Reserve and is used as a tool to control the money supply and stabilize the economy.

For example, if Bank A has excess reserves and Bank B needs to borrow money to meet its reserve requirements, Bank B can borrow from Bank A at the Fed-Funds Rate. The rate can fluctuate depending on the supply and demand of funds in the market and the Federal Reserve's monetary policy decisions.

Another example is when the Federal Reserve lowers the Fed-Funds Rate to stimulate economic growth. This makes it cheaper for banks to borrow money, which in turn encourages them to lend more to businesses and consumers, leading to increased spending and investment.

The Fed-Funds Rate is an important tool used by the Federal Reserve to influence the economy. By adjusting the rate, the Fed can encourage or discourage borrowing and spending, which can have a ripple effect on the overall economy. The examples illustrate how the rate is used by banks to meet their reserve requirements and how it can be used to stimulate economic growth.

fed funds | Fed. R. App. P.

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14:27
kamala wins
14:27
276-262
I think she will too lol
WorthlessAttractiveZombie
14:27
since you're from the future, will fordham release today
14:28
no
WorthlessAttractiveZombie
14:28
fuck alright
14:28
not this week
14:28
dont even get ur hopes up u fool im from the year 2076
TheMidwestMonger
14:28
I'm terrified with how the world will react to Trump losing
WorthlessAttractiveZombie
14:28
damn, next question: should i eat the cheese that's been in my fridge for 3 weeks?
14:28
im pretty sure the world is gonna rejoice??
14:29
yes it is the key to immortality
TheMidwestMonger
14:29
Sorry, I meant the far right and their reaction lol
I live in alabama if she wins it's gonna be crazy here
14:30
same as last time whine that it was rigged go to court lose every time
good thing im bouncing next year
oh yeah
JumpySubsequentDolphin
14:31
why won’t ASU send my scholly info ☹️
WorthlessAttractiveZombie
14:31
they sent mine about 3 hours after i got the initial acceptance video thing
I just wanna hear back from them
14:31
the adcomm office got there at 10 am took a two hour lunch at 12 and left at 3:30 -- trust me im from the year 2076
lol
WorthlessAttractiveZombie
14:32
lavender, they should usually get back within a month of going complete
okie doke, thank u!
JumpySubsequentDolphin
14:35
@WorthlessAttractiveZombie: good to know! I thought I missed SMTH bc someone told me they got their admissions packet before the video lol
BulbasaurNoLikeCardio
14:35
I got school that have me under review for over a month... just hope it puts me in their first wave of As
TackyProudYogurt
14:39
Anyone know if asu releases decisions all at once or if they trickle out throughout the day?
WorthlessAttractiveZombie
14:39
I'm pretty sure it's a trickle because they send you a personalized video too
TackyProudYogurt
14:40
Ah okay so I do need to continue refreshing my email every 10 seconds
WorthlessAttractiveZombie
14:40
I would say potentially. I received my email/video around noon eastern time, and I've seen people get it past 5pm eastern
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