Federal Reserve System

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Federal Reserve

or Federal Reserve System
n.
The US central bank, a system of 12 Federal Reserve banks, each serving member commercial banks in its own district. This system, supervised by the Federal Reserve Board, has broad regulatory powers over the money supply and the credit structure.

Federal Reserve System

n
(Banking & Finance) (in the US) a banking system consisting of twelve Federal Reserve Districts, each containing member banks regulated and served by a Federal Reserve Bank. It operates under the supervision of the Federal Reserve Board and performs functions similar to those of the Bank of England

Fed′eral Reserve′ Sys`tem


n.
a U.S. federal banking system that is under the control of a central board of governors (Fed′eral Reserve′ Board`) with a central bank (Fed′eral Reserve′ Bank`) in each of 12 districts and that has wide powers in controlling credit and the flow of money.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.Federal Reserve System - the central bank of the United StatesFederal Reserve System - the central bank of the United States; incorporates 12 Federal Reserve branch banks and all national banks and state-chartered commercial banks and some trust companies; "the Fed seeks to control the United States economy by raising and lowering short-term interest rates and the money supply"
central bank - a government monetary authority that issues currency and regulates the supply of credit and holds the reserves of other banks and sells new issues of securities for the government
Federal Reserve Bank, reserve bank - one of 12 regional banks that monitor and act as depositories for banks in their region
national bank - a commercial bank chartered by the federal government
member bank - a bank that is a member of the Federal Reserve System
References in periodicals archive ?
Governor, Board of Governors of the Federal Reserve System
A former member of the Board of Governors of the Federal Reserve System, Brimmer says African Americans will improve their relative employment and income positions, but the job and income deficit will narrow very little--and perhaps may even widen.
Dean, School of Business & Public Management, George Washington University, and former member, Board of Governors of the Federal Reserve
The responsibility for making sure the economy negotiates this delicate balance lies with the seven-member Board of Governors of the Federal Reserve System and five regional Federal Reserve Bank presidents.
Approved by the Board of Governors of the Federal Reserve System in 1994, Deposit Reclassification represents a change in the method by which transaction accounts are reported to the Federal Reserve Bank for reserve requirement purposes.
section] 1818(e)), the Board of Governors of the Federal Reserve System ("the Board") is of the opinion, for the reasons set forth in the accompanying Final Decision, that a final Order of Prohibition should issue against BRIAN BONETTI ("Bonetti"), a former employee and institution-affiliated party, as defined in section 3(u) of the FDI Act (12 U.
Additional information about Albemarle First Bank's directors and executive officers is included in Albemarle First Bank's Annual Report on Form 10-KSB for the year ended December 31, 2005, as amended, which was filed with the Board of Governors of the Federal Reserve System and is available on Albemarle First Bank's website at www.

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