Illya Gerasymchuk
Entrepreneur / Engineer
and this is how the Federal Reserve steers the federal funds rate/interest rates in the market within the target range 🏦✨ follow the quoted posts to read the full thread/article
together, ON RRP, IORB, Discount Rate and SRF create a corridor for rates, which stay within the target 4.25%-4.50% 👉 by "firms" i mean select non-bank financial institutions - think dealers, market makers & other wholesale debt institutions
