federal reserve

language: en

definitions

  1. The central banking system of the United States, established in 1913 to formulate monetary policy, supervise financial institutions, manage payment systems, and promote national economic stability.
    en: The central banking system of the United States, established in 1913 to formulate monetary policy, supervise financial institutions, manage payment systems, and promote national economic stability.

examples

  1. The Federal Reserve raised interest rates to combat rising inflation.

    The Federal Reserve raised interest rates to combat rising inflation.