the Fed
noun informal BANKING, FINANCE, GOVERNMENTDefinition
› 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.
(Definition of the Fed noun from the Cambridge Business English Dictionary
© Cambridge University Press)
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