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
At that time they would give generous this was before 2003.
那时,他们就可以慷慨的借出,那是在2003年之前。
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