federal reserve
- n the central bank of the United States; incorporates 12 Federal Reserve branch banks and all national banks and state-chartered commercial banks and some trust companies
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- Federal Reserve's bond tapering will raise consumer interest rates
All it took was speculation that the Federal Reserve could slow its bond buying months from now — and then a few words Wednesday from Chairman Ben Bernanke to confirm it.
June 21, 2013 - Denver Post - Federal Reserve policymaking group has power over economy through control of interest rates
The Federal Reserve's chief policymaking group, the Federal Open Market Committee, has vast power over the economy through its ability to set monetary policy.
June 20, 2013 - Minneapolis-St. Paul Star Tribune - Federal Reserve To Continue Bond-Buying Program
Federal Reserve policymakers say the economy is doing slightly better than it was last fall, but the Fed's $85 billion per month stimulus program will continue for the time being. Speaking at news conference in Washington, D.C., Chairman Ben Bernanke indicated the Fed might begin tapering the stimulus program later this year. The Fed repeated earlier statements that it would hold short-term ...
June 19, 2013 - NPR