The federal funds rate is the rate at which Banks lend money to each other, usually overnight.

联邦基金利率用于银行之间同业拆借利率，其最主要的组成便是隔夜拆借利率。

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The timing of an increase in the benchmark federal-funds rate -- a Fed-influenced rate at which banks lend to each other overnight -- is a centerpiece of Fed discussions.

美国的基准利率是联邦基金利率，这是一种银行间隔夜拆借利率，由美联储对它实施影响。 何时提高这一利率，是美联储讨论的焦点。

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Banks borrow money from the fed, deposit it back into the fed, and profit from the differential between the federal-funds and overnight rates.

银行从美联储借钱，再将借来的钱存回美联储，并从联邦基金利率和隔夜利率的利差中获利。

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The Federal Funds Rate is the rate that banks borrow and lend to each other overnight.

联邦资金利率是,一夜间银行之间借进与借出的比率。

耶鲁公开课 - 金融市场课程节选

I've got the Federal Funds Rate--it's the shortest interest rate, an overnight rate--it was at 4% at that time and then there was a sharp drop.

这是联邦基金利率,是最短期的利率,当时的隔夜拆借利率是4%,接下来利率急速下跌

耶鲁公开课 - 金融市场课程节选

The Federal Funds Rate is an overnight lending rate between banks.

联邦资金利率是,银行之前的一夜的借款比率。

耶鲁公开课 - 金融市场课程节选

On Oct. 8, as part of an unprecedented global cut, the Fed dropped the overnight federal funds rate the interest rate at which banks lend to each other to 1.5 percent from 2 percent.

NPR: Fed Helps Money Markets As Credit Stabilizes

The Fed cut its target on federal funds, the overnight interbank loans that form the floor rate for U.S. lending, to just 0.25%, down 75 basis points from the previous 1.0% level.

FORBES: Magazine Article

The FOMC has its hands on only the shortest of short-term interest rates the overnight rate at which banks can borrow federal funds.

ECONOMIST: A stimulating status quo