What is another word for the Fed?

63 synonyms found


[ ðə fˈɛd], [ ðə fˈɛd], [ ð_ə f_ˈɛ_d]

How to use "The fed" in context?

The Federal Reserve is an independent central bank of the United States, founded on December 23, 1913. The Fed's primary responsibility is to promote the health of the U.S. economy by restraining the quantity of money and providing reserves to banks. The Fed also regulates the activities of U.S. banks and participates in monetary policymaking.

The Fed's history is fraught with controversy. Some critics argue that the Fed's policies have contributed to the current U.S. economic downturn, while others argue that the Fed is necessary to safeguard the nation's economic stability.

nonetheless, the Fed remains an influential player in the global economy.

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