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Meaning of word federal reserve system from English dictionary with examples, synonyms and antonyms.
Meaning : 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.
Example :
The Fed seeks to control the United States economy by raising and lowering short-term interest rates and the money supply.
Synonyms : fed, federal reserve, frs
