Definition: Meaning of, Federal Reserve in English to English dictionary.
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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 US CENTRAL BANK, which is divided into twelve banks, each operating in a different area of the US according to the Federal Reserve System. The 'Fed' has an important influence on US economic policy, because it fixes the rate of INTEREST that banks must pay when they borrow money.
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