The interest rate at which banks lend to each other overnight when the bank manager accidentally spent too much of the deposits on yachts and mansions. The Fed attempts to influence this in order to set interest rates for monetary policy, but unfortunately nobody gives a shit about what Jerome Powell thinks.
Bob illegally spent $500 million of customer deposits on luxury yachts a private island in the Bahamas. He had to borrow extra money at a Federal Funds rate of 5%, to meet the liquidity requirements.
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Get the Rate mug.A below-market rate private detective who generates results at expectation or below what was requested by a client. Usually a person who was a burnt out or fired ex-cop or was never able to be a cop.
by Neil Sportsfan January 16, 2023
Get the Cut rate dick mug.The difference between hiring graduate and students compared to hires experienced professionals and then mixing them together and kicking some out and hiring at random.
No one could believe there where so many unemployed experieced people with degrees, it must be the unemployment rate. But it could also be the morons prioritizing people without work degree hires for ones without who have more experience.
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