单词 | federal reserve |
释义 | Federal Reservesingular noun [the N] In the United States, the Federal Reserve is the central banking system, which is responsible for setting policy on monetary matters such as money supply and interest rates. ...the Federal Reserve's influence on the American economy. Federal Reserve in Finance (fɛdərəl rɪzɜrv) or The Fed noun (Finance: Banking) The Federal Reserve is the central bank that issues money in the US. The Federal Reserve was born in 1913 and was instituted to solve the problem of coordinating the inflationof the currency and the need to bail out banks in trouble. Deposit institutions are required by the Federal Reserve to maintain reserves above a minimum requirement. The Federal Reserve is the central bank that issues money in the US. All related terms of 'Federal Reserve' |
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