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Fed
Definition
The 7-member Board of Governors that oversees Federal Reserve Banks, establishes monetary policy (interest rates, credit, etc.), and monitors the economic health of the country. Its members are appointed by the President subject to Senate confirmation, and serve 14-year terms. also called the Federal Reserve Board.
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Nearby Terms
Popular 'Economy' Terms
Mentioned in these terms
- Federal Reserve Bank of Chicago
- Federal Reserve Bank of Boston
- Federal Reserve Bank of Minneapolis
- Federal Home Loan Banks
- Federal Reserve Wire Network
- Federal Housing Finance Agency (FHFA)
- Federal Reserve Bank of San Francisco
- Federal Insurance Administration
- Federal Savings and Loan Insurance Corporation (FSLIC)
- Federal Reserve Bank of Atlanta
