San Luis Potosi
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San Luis Potosi Travel on The federal funds rate is the lending rate between banks that are members of the FEDERAL RESERVE system. It is the lending rate that the Federal Reserve targets to control the money supply. Federal funds purchased (borrowed) represent a liability to the borrowing bank and an asset to the lending bank. Loans in the federal funds market are typically for one to seven days. Another source of funds for banks is borrowing directly from the Federal Reserve (the United States central bank) at the discount window. Loans from the discount widow are short term, commonly from one day to a few weeks and are designed to resolve a temporary shortage of funds. The discount rate at which these loans takes place is set by the Federal Reserve Board and is generally below the federal funds rate. San Luis Potosi Travel 2016.