51.   FDTR Index GP to graph Fed funds target rate.

52.   Fed officials said that if the proposal is adopted, they would initially set the discount rate a full percentage point above the federal funds target rate.

53.   Fed policymakers left the federal funds target rate for overnight loans between banks unchanged.

54.   FEDL Index GP to graph the effective fed funds rate.

55.   For example, Fed policymakers were split in their decision to hold the fed funds rate steady at a July meeting, minutes of the session show.

56.   Few traders expect the central bank to raise the federal funds rate on overnight bank loans then.

57.   He said there were two modes that Fed policy makers might be in when they raise their benchmark federal funds rate on loans between banks.

58.   He said he thought that the Fed should have raised the federal funds rate, the interest charged on overnight loans between banks, in July.

59.   He speaks in sober language of fund rates and basis points.

60.   Home mortgage rates, while not directly tied to the federal funds rate, are also strongly influenced by Fed actions.