FRB, the

the FRBFRB, the /ˌef ɑː ˈbi $ -ɑːr-/

Federal Reserve Bank, thethe Federal Reserve Bank (also the FRB, the Fed informal) the US central bank which is divided into twelve banks each operating in a different area of the US according to the Federal Reserve System. The ‘Fed’ has an important influence on US economic policy, because it fixes the rate of interest that banks must pay when they borrow money.

From Longman Business Dictionary

FRBFRB

abbreviation for FEDERAL RESERVE BANK; FEDERAL RESERVE BOARD

单词	FRB, the
释义	FRB, the the FRBFRB, the /ˌef ɑː ˈbi $ -ɑːr-/ Federal Reserve Bank, thethe Federal Reserve Bank (also the FRB, the Fed informal) the US central bank which is divided into twelve banks each operating in a different area of the US according to the Federal Reserve System. The ‘Fed’ has an important influence on US economic policy, because it fixes the rate of interest that banks must pay when they borrow money. From Longman Business Dictionary FRBFRB abbreviation for FEDERAL RESERVE BANK; FEDERAL RESERVE BOARD
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