Recent Examples of federal funds from the Web
The Fed raised the federal funds rate -- which helps determine rates for mortgages, credit cards and other borrowing -- a quarter of a percentage point to a range of 1.75% to 2%.
Title 1 provides federal funds to help students meet academic standards and to involve parents at the school.
The target range for the federal funds rate will be 1.75 percent to 2 percent.
The former president of a Hartford nonprofit that helped provide housing for people with HIV and AIDS was charged Tuesday with stealing federal funds.
Millions of additional federal funds may soon be flowing to the Port of Corpus Christi’s channel deepening and widening project.
The federal funds — which come from a $380 million spending bill signed by President Donald Trump in March — will be distributed to all of Florida’s 67 counties.
In Harris County in Houston, for example, a single home valued at $114,480 was rebuilt 16 times—at a cost of almost $1 million in federal funds.
He was convicted of mail fraud and the embezzlement of federal funds.
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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