 federal_reserve_system |
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| 1. | [ noun ] (finance,government) the central bank of the United States; incorporates 12 Federal Reserve branch banks and all national banks and stated charted commercial banks and some trust companies | |
| Synonyms: | Fed frs Federal_Reserve | |
| Examples: | "the Fed raises and lowers short-term interest rates and the money supply" |
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| Related terms: | central_bank member_bank national_bank Federal_Reserve_Bank | |
| Similar spelling: |
Federal_Reserve_note Federal_Reserve_Bank Federal_Reserve_Board |
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