After having six drinks all to herself, Julie was in orbit. See also: orbit. in orbit. Thrilled, delighted, as in Dean's in orbit over his son's success. This expression alludes to the successful launching into orbit of a satellite or other spacecraft. [Slang; late 1900s] See also: orbit. in orbit. 1. mod. ecstatic; euphoric. She was just in orbit when she got the letter. 2. mod. alcohol or drug intoxicated. Gary is in orbit and canât see a hole in a ladder. See also: orbit
The current American interest rate FED (base rate) is 0.500 %. Note: at this time the FED has adopted an interest rate range of 0.25% to 0.50%. â 1 managingâ the national money supply by means of monetary policy with the aim of:  preventing or limiting inflation and deflation (price stability).
The federal funds rate refers to the target interest rate that member banks charge each other for overnight loans. This interest rate, set by the Federal Reserve Bank, indirectly influences the prime interest rate and all other interest rates. On the week ending July 8, 2016, the fed funds rate was 0.39 percent. Take a look at the graph to see the trend in the federal funds rate since 1980.