![I find definitions of the federal funds rate stating that it can be both above and below the discount rate. Which is correct? – Education I find definitions of the federal funds rate stating that it can be both above and below the discount rate. Which is correct? – Education](https://www.frbsf.org/wp-content/uploads/sites/2/drecon_0409a.gif)
I find definitions of the federal funds rate stating that it can be both above and below the discount rate. Which is correct? – Education
The New York Times on Twitter: "The Federal Reserve raised interest rates by 0.75%, the biggest single increase since 1994, signaling its urgency in the fight against inflation. Here's our look at
![Charts tell the story: The Federal Reserve has room to move (and keep) rates higher | Treasury Inflation-Protected Securities Charts tell the story: The Federal Reserve has room to move (and keep) rates higher | Treasury Inflation-Protected Securities](https://tipswatch.files.wordpress.com/2022/09/fedfunds_vs_inflation.jpg)
Charts tell the story: The Federal Reserve has room to move (and keep) rates higher | Treasury Inflation-Protected Securities
![Fed approves 0.75-point hike to take rates to highest since 2008 and hints at change in policy ahead Fed approves 0.75-point hike to take rates to highest since 2008 and hints at change in policy ahead](https://image.cnbcfm.com/api/v1/image/107144823-1667402123141-R2dL1-the-federal-funds-target-rate-since-july-2006.png?v=1667402179)