In chemistry an âorbitâ is the energy level that an electron resides in within an atom or molecule. You may have heard them referred to as shells using the outdated Bohr Atom model. According to the Bohr model, the first shell holds 2 electrons. This model however is outdated.
As of April 2017 the target range for the Federal Funds Rate is 0.75-1.00%. This represents the third increase in the target rate since tightening began in December 2015. The last full cycle of rate increases occurred between June 2004 and June 2006 as rates steadily rose from 1.00% to 5.25%.
Fed Funds Rate, Discount Rate, and Other Tools. The Fed funds rate is the primary tool of the Federal Reserve, but there are others. The Federal Reserve also has a discount rate, which it keeps above the Fed funds rate. That's what the Fed charges banks to borrow from it directly through the discount window. The Fed also controls the nation's money supply.