Federal Reserve

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Thân thiện
Definition

Noun: - The central banking system of the United States: The Federal Reserve (often called "the Fed") is the institution responsible for setting monetary policy, regulating banks, maintaining financial stability, and providing financial services to depository institutions and the federal government. It consists of a central Board of Governors in Washington, D.C., and 12 regional Federal Reserve Banks.

Usage

The term "Federal Reserve" is used as a proper noun to refer specifically to the U.S. central banking system. It functions as a singular entity in sentences. - The Federal Reserve announced a change to its interest rate policy. - Decisions made by the Federal Reserve can impact the global economy.

Advanced Usage
  • "The Federal Reserve System": The full, formal name for the network of central banking institutions.
    • The Federal Reserve System was established in 1913.
  • "Federal Reserve Bank": Refers to one of the 12 regional banks within the system.
    • The Federal Reserve Bank of New York is a key part of the system.
Variants and Related Words
  • The Fed (n): A common informal name for the Federal Reserve.
    • Investors are waiting to hear from the Fed.
  • Federal Reserve Board (FRB) / Board of Governors (n): The governing body of the Federal Reserve System located in Washington, D.C.
  • Monetary policy (n): The process by which the Federal Reserve manages the money supply and interest rates to achieve macroeconomic goals.
Synonyms
  • Central bank (for the United States): While "central bank" is a general term, in the context of the U.S., it is synonymous with the Federal Reserve.
Related Phrases
  • Federal Reserve Note (n): The official term for U.S. paper currency.
    • A dollar bill is technically a Federal Reserve Note.
  • Federal Funds Rate (n): The interest rate at which depository institutions lend reserve balances to other banks overnight, a key tool of Fed policy.
Noun
  1. 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