Focus on the pronunciation of the Fed
English definition of “the Fed”
noun informal BANKING, FINANCE, GOVERNMENT
› abbreviation for the Federal Reserve Bank: William Poole, a former president and chief executive of the Fed in St Louis, retired after ten years of service.
› abbreviation for the Federal Reserve Board: Wall Street dropped 143 points, but recovered to 75 down ahead of the Fed's decision on interest rates.
› abbreviation for the Federal Reserve System: A crisis in the property market and a mixed economic outlook could put the Fed in a difficult position as it considers what action to take in the months ahead.