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Federal Reserve Board |
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Federal Reserve BoardIn the US, a board of Directors comprised of seven members which directs the federal banking system, appointed by the President of the United States and confirmed by the Senate. The functions of the board include formulating and executing monetary policy, overseeing the Federal Reserve Banks, and regulating and supervising member banks. Monetary policy is implemented through the purchase or sale of securities, and by raising or lowering the discount rate - the interest rate at which banks borrow from the Federal Reserve.Similar MatchesFederal Farm Credit BankFederal Farm Credit BankAn institution created by the government with the purpose of uniting the financing activities of the federal land banks, the federal intermediate credit banks, and the banks for cooperatives. See: Federal Farm Credit System. Federal Intermediate Credit BankFederal Intermediate Credit BankA bank sponsored by the federal government to provide funds to institutions making loans to farmers. Federal Savings and Loan AssociationFederal Savings and Loan AssociationAn institution chartered by the federal government whose primary function is to collect savings deposits and to provide mortgage loans. Federal agency securityFederal agency securityIn the US, a debt instrument with a high level of safety issued by a federal agency. Federal Open Market Committee (FOMC)Federal Open Market Committee (FOMC)The body that is responsible for setting the interest rates and credit policies of the Federal Reserve System. Further SuggestionsFederal Financing BankFederal Reserve Board (FRB) Federal Reserve District (Reserve district or district) Federal Reserve Bank Off budget Federal entities Federal National Mortgage Association Federal Maritime Commission (FMC) Federal Reserve notes Federal Deposit Insurance Corporation Federal funds rate Federal agency securities FHA (Federal Housing Admininistration) Board of Governors of the Federal Reserve System US Federal Reserve Federal Home Loan Banks Federal Deposit Insurance Corporation (FDIC) federal gift tax Federal deficit (surplus) Federal Housing Administration (FHA) Federal Housing Finance Board (FHFB) Federal agency bond Freddie Mac (Federal Home Loan Mortgage Corporation) Federal National Mortgage Association (FannieMae) Federal funds rate Federal Insurance Contributions Act |
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