Asked by Praise Jesus

Multiple Select Question
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What are the two administered rates used to influence market equilibrium interest rates in the money market?
Multiple select question.

Overnight reverse repo rate

Flexible exchange rate

Interest rate on reserve balances

Fixed exchange rate

Discount rate

Answers

Answered by GPT-4o mini
The two administered rates used to influence market equilibrium interest rates in the money market are:

- **Interest rate on reserve balances**
- **Discount rate**

The **Overnight reverse repo rate** may also be considered a relevant rate in this context, depending on the specific central bank's toolkit, but the primary administered rates are typically the ones listed above. The flexible and fixed exchange rates do not directly influence interest rates in the same way.
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