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Federal Reserve Board

   Also found in: Dictionary/thesaurus, Legal, Acronyms, Encyclopedia, Wikipedia, Hutchinson 0.06 sec.
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.
Federal Reserve Board
The seven governing members of the Federal Reserve System who are appointed by the President for 14-year terms. Board members play an important role in determining the country's monetary policy which, in turn, strongly influences economic activity.
Federal Reserve Board
The Board of Governors of the Federal Reserve System. It consists of seven members appointed by the President of the United States and confirmed by the Senate. The chairman of the Board also serves as Chairman of the Federal Reserve. Members serve for staggered, fourteen-year terms. The length of service is designed to give the Board as much independence from Congress--and therefore immediate political expediency--as possible. The Board makes an annual report on its operation to the Speaker of the House of Representatives and its members serve ex officio on the Federal Open Market Committee.


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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.
Enforcement actions by Federal Reserve Bulletin
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.
The founders and the fed. (Letters to the Editor) by The New American
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.
FED LOWERS ITS FUNDS RATE by Daily News (Los Angeles, CA)
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