Federal Reserve Bank

Definition

One of 12 regional banks established to maintain reserves, issue bank notes, and lend money to member banks. The Federal Reserve Banks are also responsible for supervising member banks in their areas, and are involved in the setting of national monetary policy.

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Nearby Terms

Federal Land Bank
Federal National Mortgage Association
Federal Open Market Committee
federal register
Federal Reserve Act of 1913
Federal Reserve Bank
Federal Reserve Bank Note
Federal Reserve Board
Federal Reserve Discount Rate
Federal Reserve requirement
Federal Reserve System

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