| Dictionary, Encyclopedia and Thesaurus - The Free Dictionary 1,885,570,470 visitors served. |
|
Dictionary/ thesaurus | Medical dictionary | Legal dictionary | Financial dictionary | Acronyms | Idioms | Encyclopedia | Wikipedia encyclopedia | ? |
Federal Reserve Board |
Also found in: Dictionary/thesaurus, Legal, Acronyms, Encyclopedia, Wikipedia, Hutchinson | 0.01 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 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. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
|
| ? Mentioned in | ? References in periodicals archive | |
|---|---|---|
Federal Reserve Board Chairman Ben Bernanke told Congress in October that the financial crisis has demonstrated the need for "systemically important" insurance companies to be subjected to federal controls. Federal Reserve Board Chairman Ben Bernanke predicted this spring that the nation's 17-month recession could end "probably this year. On February 6, 2009, the Federal Reserve Board released additional terms and conditions, including preliminary loan rates and collateral haircuts, relating to its previously announced Term Asset-Backed Securities Loan Facility ("TALF"). |
| Financial Dictionary |
| Free Tools: |
For surfers:
Free toolbar & extensions |
Word of the Day |
Help
For webmasters: Free content | Linking | Lookup box | Double-click lookup | Partner with us |
|---|