Recent Examples of reserve bank from the Web
The New York search officials consulted throughout the process with [Fed chairman Jerome] Powell, who at the start was a governor and the board’s point person on managing its relationships with the 12 reserve banks.
The president of the New York Fed, uniquely among the leaders of the 12 regional reserve banks, has a permanent vote on the Fed’s policy-making Open Market Committee and serves as the committee’s vice chairman.
The Chicago Fed is one of 12 regional reserve banks that, along with the Board of Governors in Washington, D.C., make up the nation’s central bank.
In March, the Atlanta Fed named Raphael Bostic, an economist who has specialized in housing issues, as the first African-American president of a reserve bank in the 104-year history of the system.
The heads of the Fed’s 12 reserve banks are chosen by the nonbank directors of each institution.
But the entire developed world was so starved for liquidity in 2009, the reserve banks worldwide all did the same thing.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'reserve bank.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
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