now let's understand each one of the 4 key rates set by the federal reserve to keep the market rates within the target range
namely, what each one of those rates represents and how together they act as ceiling or floor for the interest rate corridor
so when banks and other financial institutions need to lend capital - they can do it at a rate within the target range
of course, their balance sheet capacity must allow for that - but that's another topic which I already covered in some detail in my other postsπ