reserve bank Federal Reserve,Federal Reserve System,FRS,Fed- 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; "the Fed seeks to control the United States economy by raising and...
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When banks have more cash than they're required to in their reserve accounts, they can deposit the money in a Federal Reserve bank or lend it to another bank overnight. That money is called federal funds, and the interest rate at which the banks lend to each other is called the federal...
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Federal Reserve Bank of Boston, Massachusetts Federal Reserve Bank of Chicago Federal Reserve Bank of Chicago, Illinois Federal Reserve Bank of Cleveland, Ohio Federal Reserve Bank of Dallas Federal Reserve Bank of Dallas, Texas Federal Reserve Bank of Kansas City ▼Complete English Grammar Rules is...
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