Illya Gerasymchuk
Entrepreneur / Engineer
the federal reserve does not set a single interest rate instead, the FED sets a target interest rate range (the federal funds target range) alongside 4 main explicit interest rates
how can the FED even set market-wide rates? 🤔 after all - there is no single rate that the whole market unanimously uses different types of lending have different rates in the market, as it's a (somewhat) open market
