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Key Rate

Key Rate		Interest rate fixed by the Federal Bank for the issuance of Federal Bank money.
Additional comments: The key rates influence the money market interest rate level.

Related Terms
		Federal Reserve The U.S. central bank that is responsible for monetary policy. ... Interest Rate The cost of borrowing money. The rate at which borrowed money is charged by the lender, usually annualized into a percentage ... Collar An upper and lower limit on the interest rate on a floating-rate note or an adjustable-rate mortgage. ...

 

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