That is the rate Banks charge each other for overnight loans.

这是银行间的隔夜贷款收费利率。

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Its rate for overnight loans between Banks is currently at two percent.

银行间的过夜贷款利率目前是2%。

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On Wednesday, the Federal Reserve kept its target rate near zero for overnight loans between Banks.

周三，美联储将银行间隔夜借贷目标利率保持在零左右。

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On Wednesday,the Federal Reserve kept its target rate near zero for overnight loans between banks.

VOA: special.2009.11.06

The federal funds rate is what U.S. banks charge one another on overnight loans.

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The central bank's monetary policy targets the federal-funds rate, which banks charge each other on overnight loans.

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Which means there is much more demand for overnight loans on the repo market than for year-long loans.

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