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14 March, 11:36

What was the interest rate in 2002?

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  1. 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%
  2. 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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