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Board of Governors of the Federal Reserve System

Bank/credit union in Washington, United States
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The Federal Reserve Banks provide the Fedwire Securities Service, a securities settlement system that enables participants to hold, maintain, and …

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Q:
The Fed - What is the prime rate, and does the Federal Reserve set the prime rate?
A:
It is often used as a reference rate (also called the base rate) for many types of loans, including loans to small businesses and credit card loans....
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