Fed Funds Open at 0.08%, Within Target Range, According to ICAP

Fed Funds Open at 0.08%, Within Target Range, According to ICAP

Fed funds, the U.S. overnight inter-bank lending rate, opened 0.08 percent, within the Federal Reserve's target of zero to 0.25 percent, ICAP Plc, the world's largest inter-dealer broker, said in an e-mailed statement. Fed funds traded from 0.04

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