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English - English (Wordnet) dictionary
federal reserve system
Noun
- 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
- the Fed seeks to control the United States economy by raising and lowering short-term interest rates and the money supply