Federal Reserve Board
26
5.1
- noun
- /ˈfɛdərəl rɪˈzɜrv bɔrd/
- US
:
Junta de Gobernadores de la Reserva Federal
- But despite numerous warnings, Bernanke and the Federal Reserve Board did nothing.
- Federal Reserve Board
- Federal Reserve Board Chairman
- Federal Reserve Board chair
Examples
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Many economists believe that the decisions made by the Federal Reserve Board will significantly impact inflation rates.
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The Federal Reserve describes itself as a system that is "independent within the government."
Academic text (2004) -
The President's Working Group is going into emergency meetings with the Secretary of the Treasury and the Federal Reserve Board.
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Daniel Tarullo, a member of the Federal Reserve Board, has weighed in on this issue.
Blog text (17) -
A Federal Reserve decision on monetary policy can, in principle, be overturned by an act of Congress.
Academic text (1997) -
Correspondingly, over the same time span, power within the system has shifted to the Federal Reserve Board and particularly to its chairman.
Academic text (1991) -
He came to the Federal Reserve Board with loan documentation of the kind of loans that were frequently being made.
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At the same time, the Federal Reserve Board reacted to pressure by easing the discount rate, another demand of organized labor.
Academic text (2003) -
One of the six Federal Reserve Board governors serving under Bernanke was Frederic Mishkin, who was appointed by President Bush in 2006.
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The Federal Reserve Board announced a new policy aimed at stabilizing the economy amid rising unemployment.
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
9
4.4
The central bank of the United States that controls money and checks banks
1
5.7
The central bank system of the United States that sets interest rates
How Senior
- US
26
5.1
85
3.1
7
3.5
16
3.5
Surface Forms
Morphology
The constituents 'federal' and 'board' transparently suggest a government-level committee, so a learner could infer this is an official committee. However, 'reserve' here names a specific institution (the central banking system) and the precise function and composition (seven-member body setting monetary policy) are institutional facts not derivable from the literal words alone, so full understanding requires prior exposure.
Etymology
Federal Reserve Board is named from three simple words: federal, meaning the national government, reserve, meaning money kept for safety, and board, meaning a small group who meet to make decisions. Because this small group meets to control the nation's kept money and set interest rates, the name shows why it is the body that decides the country's 'money' rules.