Federal Reserve


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Related to Federal Reserve: Federal Reserve Bank, Federal Reserve Act

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.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.Federal Reserve - the central bank of the United StatesFederal Reserve - 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 ?
The Federal Reserve Board, on December 1, 2003, announced the execution of a written agreement by and among the Putnam County Bank, Hurricane, West Virginia; the West Virginia Division of Banking, Charlestown, West Virginia; and the Federal Reserve Bank of Richmond.
The Reserve Banks are currently processing and posting these payments to depository institutions' Federal Reserve accounts by 9:15 a.m.
The Federal Reserve Board and the New York State Banking Department on October 8, 2004, announced the execution of a written agreement by and among Standard Chartered, plc, London, United Kingdom; its subsidiary bank, Standard Chartered Bank, London, United Kingdom; the bank's New York branch; the Federal Reserve Bank of New York; and the New York State Banking Department.
On May 17, 2004, the Federal Reserve Board announced amendments to Appendix A of Regulation CC, that reflect the restructuring of the Federal Reserve's check-processing operations in the Seventh and Eighth Districts.
In a letter, Federal Reserve Chairman Alan Greenspan encouraged the business owners that were randomly selected for the survey to participate, noting that the data collected by past surveys have been critical for policy decisions at the Federal Reserve and in other parts of government.
The transactions were conducted through UBS's Extended Custodial Inventory (ECI) facility in Zurich, Switzerland, which was operated pursuant to a contract with the Federal Reserve Bank of New York.
Bernanke, on November 14, 2003, took the oath of office for a new term as a member of the Board of Governors of the Federal Reserve System.
As of December 10, 2005, the Oklahoma City Branch office of the Federal Reserve Bank of Kansas City will no longer process checks, and depository institutions that were assigned to that office have been reassigned to the head office of the Federal Reserve Bank of Dallas.
But Chappell stepped down in May soon after the bank signed an enforcement agreement with the Federal Reserve Bank of Philadelphia.
The Glass-Steagall Act of 1933 does not prohibit subsidiaries of state-chartered banks from engaging in securities activities if they are not members of the Federal Reserve System.
The Federal Reserve and its conduct of monetary policy involve daunting complexities, but the most important thing to understand is really quite simple: The Federal Reserve is a political institution.

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