the Fed

noun

Definition of the Fed

US, informal
: the group of officials (the Federal Reserve Board) who control the U.S. government's central banking system (the Federal Reserve System). The Fed has decided to cut interest rates.

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Cite this Entry

“The Fed.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/the%20Fed. Accessed 4 Jul. 2020.

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