How to Use federal funds in a Sentence

federal funds

plural noun
Definition of federal fundsnext
Synonyms for federal fundsnext
  • That's the highest level for the federal funds rate since 2006.
    — Irina Ivanova, CBS News, 22 Mar. 2023
  • The center said the state is set to lose $69 million in federal funds per month as a result of the cuts.
    — Ethan Ehrenhaft, Baltimore Sun, 3 Mar. 2023
  • The target for the short-term, federal funds rate currently sits at a range of 4.75% to 5%.
    — Susan Tompor, Detroit Free Press, 13 Apr. 2023
  • The project was financed by county, state and federal funds.
    — Carol Kovach, cleveland, 31 Jan. 2023
  • Most of those bets now expect the federal funds rate to end next year at a range of 3.75% to 4%, according to data from CME Group.
    — Alain Sherter, CBS News, 13 Dec. 2023
  • First $12 million in federal funds comes as state sets course for hardening the grid.
    — Tim Fitzpatrick, The Salt Lake Tribune, 2 Sep. 2023
  • The odds that the central bank cuts rates in March, based on federal funds futures, have halved since late December.
    — Nicole Goodkind, CNN, 31 Jan. 2024
  • As if that wasn’t enough, the Federal Reserve could very well raise the federal funds rate again before 2024.
    — Larry Goodman, Forbes, 29 Nov. 2023
  • Note: The actual target rate shows the upper limit of the federal funds target rate range.
    — Jeanna Smialek, New York Times, 20 Mar. 2024
  • That would be the highest federal funds rate since December 1990.
    — Nicole Goodkind, CNN, 3 Oct. 2023
  • The declaration frees up federal funds to help with cleanup and repairs.
    — Laura Bargfeld, BostonGlobe.com, 28 Aug. 2023
  • Now the borough wants to use federal funds to shift an 18-mile stretch of the line to a comparatively cheaper $70 million road project.
    — Amy Bushatz, Anchorage Daily News, 13 Sep. 2023
  • Those federal funds will expire for school systems across the country in the upcoming fiscal year.
    — Steve Thompson, Washington Post, 14 Mar. 2024
  • And while federal funds were dispersed to help the neighborhoods rebuild, most of the money never made it to the community.
    — C. Isaiah Smalls Ii, Miami Herald, 24 Feb. 2024
  • In order to control inflation, one of the Federal Reserve's main tools is the federal funds rate, which is the rate banks charge each other for overnight loans.
    — Paul Davidson, USA TODAY, 12 July 2023
  • The Fed only controls the federal funds rate, what banks may charge each other for overnight loans, but that rate impacts the prime rate, which is linked to rates on car loans, credit cards and mortgages.
    — Lorraine Mirabella, Baltimore Sun, 11 July 2023
  • After over 22 years, the U.S. inflation rate exceeded the effective federal funds rate for the first time.
    — Ivan Illan, Forbes, 11 Dec. 2023
  • To do that, the Fed raised the federal funds rate, which is how much banks charge each other to borrow or lend money, according to Investopedia.
    — Cortlynn Stark, Sacramento Bee, 6 Mar. 2024
  • The Federal Reserve raised the federal funds rate again on Wednesday, in its latest move to bring inflation back down to normal.
    — Ryan Young, National Review, 23 Mar. 2023
  • The city is also expecting to receive $104.6 million in federal funds.
    — Mike Damiano, BostonGlobe.com, 8 Aug. 2023
  • The change, which would go in effect on Feb. 1, was the result of the ending of federal funds given to public schools during the pandemic to ensure every student was fed, the district said in the email.
    — Irene Wright, Miami Herald, 25 Jan. 2024
  • The new law is banking on a waiver from the federal government to spend federal funds earmarked for Medicare, Medicaid, and the like on a new state-run health plan.
    — Sally Pipes, Forbes, 13 Nov. 2023
  • Perhaps these numbers were meant to attract federal funds.
    — William Finnegan, The New Yorker, 6 Mar. 2023
  • As the Fed raises its benchmark federal funds rate, money market fund rates follow.
    — Jeff Sommer, New York Times, 14 July 2023
  • Gdp growth in the first two quarters of last year was negative, inflation was accelerating, and the federal funds rate spent much of the summer in the ones until the end of July.
    — Kevin A. Hassett, National Review, 27 July 2023
  • One is section 319 of the Public Health Service Act, which allowed states to shift federal funds meant for other tasks to their pandemic response.
    — oregonlive, 19 Feb. 2023
  • Still, economists note that the U.S. central bank is likely to move cautiously in lowering the federal funds rate.
    — Alain Sherter, CBS News, 26 Feb. 2024
  • Spending deadlines are approaching for the avalanche of federal funds given to schools during the pandemic.
    — Jackie Valley, The Christian Science Monitor, 13 Sep. 2023
  • The city hopes to continue the program once that money runs out through residual funds from the program and additional federal funds, Roberts says.
    — Margaret Kates | Mkates@al.com, al, 15 Apr. 2023
  • The potential exists for auto loan rates to drop as much as a full percentage point in the second half of 2024 from current levels, Smoke said, once the Fed starts cutting the short-term federal funds rate.
    — Susan Tompor, Detroit Free Press, 20 Mar. 2024

Some of these examples are programmatically compiled from various online sources to illustrate current usage of the word 'federal funds.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

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