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It has sent hundreds of pages of proposed legislation to Congress in recent weeks on pay, securitisation, hedge funds, rating agencies and more.
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The target for the federal funds rate is currently 3.75percentt.
That action pushed the federal funds rate to 6percentt.
The federal funds rate, meanwhile, stands at 1percentt.
Jan . 30 when it cut the discount and Fed funds rates.
The target Fed funds rate is now 2.25%.
We can do more than adjust the federal funds rate.
The effective fed funds rate is also lower than 0.25 percent.
How is it possible for the Fed funds rate to be higher than the Treasury rates?
The target for the overnight borrowing rate among banks, or federal funds rate, stands at 2percentt.
Overnight lending rates among banks remain far higher than the federal funds rate.
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