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 lowering short-term interest rates and the money supply"
例句
用作名词 (n.)
They were triggered by the Federal Reserve's unusually tight control of money and credit. 这两起衰退是由于联邦储备系统特别加紧控制货币和信贷引起的。
In return, the Federal Reserve may increase the Treasury's checking account at a Federal Reserve Bank. 这样,联邦储备系统就要增加美国财政部在联邦储备银行的支票帐户上的存款数。