Federal Reserve System
9
4.4
- proper noun
- /ˈfɛdərəl rɪˈzɜrv ˈsɪstəm/
- US
:
Sistema de la Reserva Federal
- The Federal Reserve System regulates monetary policy to maintain economic stability in the United States.
- Governors of the Federal Reserve System
- U.S. Federal Reserve System
Examples
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The public affairs and community relations departments of the Board of Governors of the Federal Reserve System and the twelve Federal Reserve Banks all have curriculum resource materials available at no charge to teachers.
Academic text (1999) -
Now, the public was told that the Federal Reserve System was an economic stabilizer.
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Chair of the Federal Reserve System in the US, which is the central Bank of the US OK.
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Everybody seems to assume that the current Federal Reserve system will last forever.
Blog text (14) -
Well, they went out of their way to make this new Federal Reserve System look different from a monopoly government bank.
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If this is the basis for policymaking within the Federal Reserve System, I will be very surprised.
Blog text (4) -
Given that many Americans are not economics junkies, the Federal Reserve system is the only thing they know.
Blog text (33) -
In prepared comments, the Chairman of the Federal Reserve System, Ben Bernanke, addressed the challenges in housing and mortgage markets.
Blog text (3) -
His qualifications: Hassett was a senior economist for the Board of Governors of the Federal Reserve System.
Blog text (27) -
From this foothold grew the forerunner of the Federal Reserve System, the modern centralized banking cartel that controls the issuing of all American currency.
Synonyms
347
4.1
The central bank of the United States that sets interest rates and looks after banks
161
4.1
The central bank of the United States that controls interest rates and helps keep the country's money and banks safe
100
3.1
A national bank that controls a country's money and interest rates and holds money for the government and other banks
26
5.1
Seven people who set interest rates and other money rules in the United States
1
5.7
The central bank system of the United States that sets interest rates
Surface Forms
Morphology
The three constituents combine in a regular, compositional way: 'federal' (national government) + 'reserve' (stored resources, often financial) + 'system' (an organized body), so a learner who knows those words can infer this refers to a government-level organization that manages reserves/financial resources. The construction is cross-linguistically common (e.g. Reserva Federal, Réserve fédérale) and does not rely on an idiomatic shift, making the basic meaning predictable to a B1 learner.
Etymology
The name Federal Reserve System comes from the idea that a country-wide Federal group would keep a reserve of money for banks to use when times are bad, forming a system that works together. So, the name means the national organization that 'supports' banks and 'manages' the country's money.