Federal Reserve Bank Definition. Federal Reserve Bank in British English. (ˈfɛdərəl rɪˈzɜːv bæŋk). Clear explanations of natural written and spoken English.
Each of the twelve regional banks which regulate and serve the member banks of the Federal Reserve system.
Federal Reserve Bank in British English. (ˈfɛdərəl rɪˈzɜːv bæŋk).
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The Fed sets and implements monetary policy in the United States through various complex mechanisms broadly referred to as "open market operations. Why should the Federal Reserve Board and the Federal Reserve banks be permitted to finance our competitors in all parts of the world?" Under the Federal Reserve Bank Act, the bankers control our economy. It manages inflation, supervises banks, maintains financial stability, and provides banking services.
