US interbank offered rate / US equivalent of EURIBOR
What is an equivalent to EURIBOR, LIBOR or SHIBOR reference rate in case of US ? What is the name or abbreviation of US interbank offered rate ?
Interbank offered rate in United States is called the Federal funds rate. Sometimes, there is used a short term Fed Funds Rate or FED interest rate. The reference interest rate is affected by american central bank, that is named The Federal Reserve System. It is commonly known as the FED.
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