Answer Happy

On March 15, 2020, the Federal Reserve lowered its target for the federal funds rate to a range of 0% 10 0.25% Select the sentence that . Most accurately describes the difference between the federal funds rate and the discount rate • Accurately identifies the rate that the Federal Reserve directly controls The discount rate in the Interest rate at which banks tend their excess deposits at the Fed to other banks. The federal funds rate is directly controlled by the Federal Reserve and is the rate of which the Federal Reserve tends to banks The discount rate is directly controlled by the Fed and is the interest rate at which banks lend their excos deposits at the Fed to other banks. The federal funds rate is the rate at which the Federal Reserve lends to banks The discount rate in the rate at which the Federal Reserve Minds to banks. The federal funds rate is directly controlled by the Fed and is the interest rate at which banks lend their excess deposits at the Fed to other banks The discount rate in directly controlled by the Federal Reserve and is the rate at which the Federal Reserve tends to bank. The federal funds rate in the interest rate at which banks lend their excess deposits at the Fed to other banks The discount rate is directly controlled by the Federal Reserve and is the discounted cost of borrowing and reward to lending. The federal funds rate is the interest rate at which the Federal Reserve lends to banks The discount rate is directly controlled by the Federal Reserve and is the interest rate at which the Federal Reserve lends to banks. The federal funds rates the discounted cost of borrowing and reward to lending