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Baby Cakes
14 March, 11:36
What was the interest rate in 2002?
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Dixie
14 March, 11:46
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The federal funds and effective rate was 1.67% and the rate charged by banks was 4.67%
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Holt
14 March, 14:16
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Type 2002
Federal funds, effective rate : 1.67%
Prime rate charged by banks: 4.67
Discount rate: 1.17
Eurodollar deposits, 3-month: 1.73
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