Remember, this is the annual interest rate but this is an overnight loan.

Just overnight.

But the whole point of open market operations is to set this overnight borrowing rate.

In overnight trading

I'm talking about base money right over here then the overnight borrowing rate between banks will go down.

They did it overnight.

English cannot be mastered overnight.

We stayed overnight in Hakone.

Things cannot be accomplished overnight.

Things cannot be accomplished overnight.

But this didn't happen overnight.

It did not happen overnight.

9 11 doubled prices overnight.

We're keeping christine overnight again.

A lot of insects vanished overnight.

I'd like to stay here overnight.

I can't sell my car overnight.

But overnight there was a change.

60 cities were under water overnight.

The money came in basically overnight.

Yeah. Um, just overnight, for work.

The price of money will go down, that's what the federal funds rate is, it's the target rate, so I'll say Fed Funds Rate, it's the target rate that the Fed sets for the overnight borrowing of reserves between banks, that's the Federal Funds Rate, and it will go down and that's how the Fed tries to set the Federal Funds Rate.

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This remedy will do you good overnight.

The restaurant becomes a worldwide landmark overnight!

They get a 1 million house overnight.

Overnight, the nation had gone Tucker crazy.

So he's got to stay there overnight.

But what happens if you keep doing this, and you keep lowering the federal funds rate all the way down so that the overnight borrowing rate is approximately 0 , what do you do then?

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