Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “the Federal Reserve Bank”

the Federal Reserve Bank

noun
 
 
( abbreviation FRB, also informal the Fed) BANKING, FINANCE, GOVERNMENT
one of the twelve regional banks in the US that are part of the country's central banking system and are responsible for making sure other banks in their area follow the rules of the Federal Reserve System. Federal Reserve Banks are also responsible for making financial decisions relating to the US economy: the Federal Reserve Bank of New York/Atlanta/Kansas City, etc. a senior economist at/with the Federal Reserve Bank in Minneapolis
(Definition of the Federal Reserve Bank from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of the Federal Reserve Bank?
Add Cambridge dictionaries to your browser to your website

Word of the Day

pot luck

anything that is available or is found by chance, rather than something chosen, planned, or prepared

Word of the Day

Think long and hard; the language of decisions

by Liz Walter,
January 28, 2015
One of the best ways (perhaps the best way) to improve your English is to learn how words go together in phrases, idioms, or other patterns such as verb/noun or adjective/noun pairs (often called ‘collocations’). This blog looks at some useful phrases and collocations connected with the subject of decisions, something we

Read More 

micro pig noun

January 26, 2015
an extremely small pig, bred to be a pet Micro pigs have become popular pets recently, with famous owners including Victoria Beckham, Paris Hilton and Olympic diver, Tom Daley.

Read More