Definition of 'Federal Reserve'

Federal Reserve

singular noun [the N]

In the United States, the Federal Reserve is the central banking system, which is responsible for setting policy on monetary matters such as money supply and interest rates.

...the Federal Reserve's influence on the American economy.

Federal Reserve in Finance

(fɛdərəl rɪzɜrv) or The Fed

noun

(Finance: Banking)

The Federal Reserve is the central bank that issues money in the US.

The Federal Reserve was born in 1913 and was instituted to solve the problem of coordinating the inflation of the currency and the need to bail out banks in trouble.

Deposit institutions are required by the Federal Reserve to maintain reserves above a minimum requirement.

The Federal Reserve is the central bank that issues money in the US.

Nearby words of 'Federal Reserve'

Related Terms of 'Federal Reserve'

Source

Definition of Federal Reserve from the Collins English Dictionary

Joining clauses

Coordination The process called coordination joins two short clauses of equal importance with a conjunction. Each clause becomes a main clause in the new sentence. Ann went to the bank and withd...