Recent Examples of federal funds from the Web
Harris County Commissioners Court on Wednesday approved the county's plan to spend $1.1 billion in the first round of post-Hurricane Harvey federal funds.
The program taxes hospitals and adds matching federal funds before redistributing the money to about 200 hospitals across the state.
The next phase has yet do be funded — the most recent application for federal funds did not make the cut.
The new airport, built partly with federal funds, started out with three hangars and three runways on 1,200 acres, handling six flights a day.
As revealed by Jake Fischer and Jon Wertheim in a recent SI exclusive, the government’s case against Dawkins has been undermined by revelations that the lead FBI agent who arguably set up Dawkins misused federal funds during the probe.
Chicago's Department of Transportation started rolling out Divvy in the summer of 2013 during the equally bike-friendly Rahm Emanuel administration at a cost of nearly $28 million—mostly covered by federal funds.
District officials also anticipate using two types of federal funds, additional grants, and money from the 2018 teaching and learning department budget, district spokesman Tom Jackson said in an email.
Trump in February announced a $1.5 trillion infrastructure plan that would use $200 billion in federal funds to leverage state, local and private-sector investment.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'federal funds.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
Financial Definition of FEDERAL FUNDS
What It Is
How It Works
Why It Matters
Changes in the federal funds fate compel banks to either borrow federal funds to meet reserves requirements or build them up internally. These decisions affect how much money is available for lending to bank customers. The resulting increase or decrease in the supply of money available for lending usually affects overall interest rates, and factors into economic stability -- the ultimate objective of the Fed.
Although the Federal Reserve cannot directly control Federal Funds activity, it can manipulate it. The Fed does this primarily by offering competing loans to banks. Manipulation of the Federal Funds Rate is one of three primary methods the Federal Reserve uses to control the money supply. (The other two involve changing reserve requirements and buying or selling U.S. Treasuries on the open market.)
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