A low federal funds rate helps limit returns in the bond market.

联邦基金的低利率有利于限制债券市场的收益率。

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It could cut its federal funds rate target from 1% to zero, though that would make it hard for some parts of the money market to function.

它可以将联邦基金利率从1%砍到0%，尽管这样可能导致金融市场的局部瘫痪。

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At its regular meeting, the federal Open Market Committee reduced the federal funds rate by a further three-quarters of a percentage point, to 2.25%.

在联储的例会上，联邦公开市场委员会将联邦基金利率进一步下调0.75个百分点，调整后为2.25%。

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Bank funds held in term deposits at the Fed would not be available for the federal funds market.

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Borrowing from other participants in the Federal Funds market merely redistributes existing reserves.

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Having the discount rate higher meant that, in normal times, borrowing in the Federal Funds market would be less expensive than borrowing from the Fed.

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