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1 December, 06:42

What was the interest rate in 2002?

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  1. 1 December, 06:43
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    The federal funds and effective rate was 1.67% and the rate charged by banks was 4.67%
  2. 1 December, 06:54
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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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