Not GP, but I don't think there's an actual "rate" as such - it's the actions the Fed takes to balance prices such that it falls within their target: https://ww

Not GP, but I don't think there's an actual "rate" as such - it's the actions the Fed takes to balance prices such that it falls within their target: https://www.newyorkfed.org/markets/reference-rates/effr https://www.newyorkfed.org/markets/reference-rates/effr