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

The real difference between Federal Reserve Bank System of 1913 the most important difference and the Federal Reserve System of today is that we are no longer on the gold standard.

913年的联邦储备银行系统与,当今的联邦储备银行系统之间3,不同点在于,最重要的不同点,我们不再以金本位为基础了。

耶鲁公开课 - 金融市场课程节选