the Federal Reserve Bank
noun
BANKING,FINANCE,GOVERNMENTukus(abbreviationFRB);(alsoinformalthe Fed)one of the twelveregionalbanksin the US that arepartof the country'scentralbankingsystemand areresponsiblefor makingsureotherbanksintheirareafollowtherulesof the Federal Reserve System. Federal Reserve Banks are alsoresponsiblefor makingfinancialdecisionsrelatingto the USeconomy:
the Federal Reserve Bank of New York/Atlanta/Kansas City, etc.
asenioreconomistat/with the Federal Reserve Bankin Minneapolis