Assertion: bank | /r/CapableOf | charge each other
Facets:
value: for overnight loans of federal funds
type: PURPOSE
value: for these loans
type: PURPOSE
Source sentences:
text: The rate that banks charge each other for these loans is determined in the interbank market and the Federal Reserve influences this rate through the three "tools" of monetary policy described in the Tools section below.
text: During the 1980s, the focus gradually shifted toward attaining a specified level of the federal funds rate (the rate that banks charge each other for overnight loans of federal funds, which are the reserves held by banks at the Fed), a process that was largely complete by the end of the decade.
text: This is the interest rate that banks charge each other for overnight loans of federal funds, which are the reserves held by banks at the Fed.