Repo rate signifies the rate at which the Reserve Bank of India can lend monetary help to the commercial banks of the country in case of a shortage of funds or due to some statutory measures taken by the government. Repo rate is a financial tool t Difference Between Bank Rate and Repo Rate What is Bank Rate? Bank Rate is the rate of interest which a central bank charges on the loans and advances to a commercial bank, without selling or buying any security. Whenever a bank has a shortage of funds, they can typically borrow from the central bank based on the monetary policy of the country.

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This is a list of historical rate actions by the United States Federal Open Market Committee On December 16, 2015 the Fed increased its key interest rate, the Federal Funds Rate, for the first time since June 2006. In an emergency decision the rate was cut by half a percentage point on March 3, 2020 to 1–1.25 % in 

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