WebFinal Rates means rates, tolls and charges calculated on the basis of forecast Revenue Requirement for any year during the Term, a forecast of firm transportation contract demand quantity and throughput, and the approved rate design in place at the time, which are approved as final by the CER. The terminal federal funds rate is the ultimate interest rate level that the Federal Reserve sets as its target for a cycle of rate hikes or cuts. It is the longer-term target rate at which prices are stable and full employment is achieved (sometimes called the neutral rate).1 The Fed may incrementally raise or lower … See more The Federal Reserve (sometimes shortened to just the Fed) is the central bank of the United States, and it is tasked with a dual mandate to maintain low and stable prices and low … See more The Federal Reserve’s Federal Open Market Committee (FOMC) is responsible for determining both the current and the terminal federal funds rates. The committee is made up of 12 members: seven members of … See more The terminal federal funds rate is the final interest rate that the Federal Reserve sets as its target rate for overnight interbank lending. The terminal rate is the long-term target, while the … See more
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