current rates set by FED:

1️⃣ ON RRP - 4.25% (floor) - firms won't lend below
2️⃣ IORB - 4.40% (supplementary floor) - banks won't lend below
3️⃣ Discount Rate - 4.50% (ceiling) - banks won't borrow above
4️⃣ SRF - 4.50% (supplementary ceiling) - banks & firms won't borrow above

Illya Gerasymchuk 2025-07-31 10:38

so how does the FED currently targets an interest rate range between 4.25%-4.50%?

let's consolidate everything with an example using current, real-world data