FRS 1

noundomain: group
Princeton WordNet [ver.3.1]
EnglishEnglish
Definition

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

  • 1.the Fed seeks to control the United States economy by raising and lowering short-term interest rates and the money supply

Project co-funded by European funds

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