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Federal Reserve Board |
Also found in: Dictionary/thesaurus, Legal, Acronyms, Encyclopedia, Wikipedia, Hutchinson | 0.71 sec. |
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Federal Reserve Board (FRB) The seven-member governing body of the Federal Reserve System, which is responsible for setting reserve requirements, and the discount rate, and making other key economic decisions.
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The Federal Reserve Board announced on August 17, 2005, the issuance of a final decision and order of prohibition against Walter C. In "Deflating the Deflation Myth" (June 30th issue) you left out the most important point: There is no authorization for a Federal Reserve Board in the Constitution. Seeking to restore investor confidence in overseas markets and ward off a credit crunch at home, the Federal Reserve Board voted Tuesday for its first interest-rate cut in nearly three years. |
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