Definition of prime rate-discount rate-fed funds rate


Please assist with the given:

1. The definition of Prime Rate, Discount Rate, Fed Funds Rate

2. Which rate is controlled by the bank?

3. Which rate is directly controlled by the fed?

4. Which rate is indirectly controlled by the fed?

Solution Preview :

Prepared by a verified Expert
Finance Basics: Definition of prime rate-discount rate-fed funds rate
Reference No:- TGS02039433

Now Priced at $25 (50% Discount)

Recommended (91%)

Rated (4.3/5)