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Federal Reserve Board
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 Fed.
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Nearby Terms
- Federal Reserve Bank of New York
- Federal Reserve Bank of Philadelphia
- Federal Reserve Bank of Richmond
- Federal Reserve Bank of San Francisco
- Federal Reserve Bank of St. Louis
- Federal Reserve Board
- Federal Reserve credit
- Federal Reserve Discount Rate
- Federal Reserve regulations
- Federal Reserve requirement
- Federal Reserve System
