Federal Reserve Board - FRB


Federal Reserve Board - FRB
The governing body of the Federal Reserve System. The seven members of the board of governors are appointed by the president, subject to confirmation by the Senate.

The board sets Fed policy regarding the discount rate and reserve requirements (among other key economic decisions).

Typically, the chairman of the board of governors is also the chairman of the Federal Reserve Open Market Committee (FOMC).


Investment dictionary. . 2012.

Look at other dictionaries:

  • Federal Reserve Board — Dieser Artikel behandelt das Federal Reserve System (Fed). Für Bedeutungen der Abkürzung FED siehe FED. In diesem Artikel oder Abschnitt fehlen folgende wichtige Informationen: Siehe Diskussionsseite Du kannst Wikipedia helfen, indem du sie… …   Deutsch Wikipedia

  • Federal Reserve Board — noun Date: 1920 a 7 member board of governors overseeing the Federal Reserve System …   New Collegiate Dictionary

  • Federal Reserve Board. — See under Federal Reserve System. * * * …   Universalium

  • Federal Reserve Board. — See under Federal Reserve System …   Useful english dictionary

  • Federal Reserve Board of Governors — Dieser Artikel behandelt das Federal Reserve System (Fed). Für Bedeutungen der Abkürzung FED siehe FED. In diesem Artikel oder Abschnitt fehlen folgende wichtige Informationen: Siehe Diskussionsseite Du kannst Wikipedia helfen, indem du sie… …   Deutsch Wikipedia

  • Federal Reserve Board of Governors — The seven member Board of Governors, appointed by the President and confirmed by the Congress, sets reserve requirements for member banks, reviews and approves the discount rate actions of regional Federal Reserve Banks, sets ceilings on the… …   Black's law dictionary

  • Federal Reserve Board of Governors — The seven member Board of Governors, appointed by the President and confirmed by the Congress, sets reserve requirements for member banks, reviews and approves the discount rate actions of regional Federal Reserve Banks, sets ceilings on the… …   Black's law dictionary

  • Federal Maritime Board —    Established within the Department of Commerce in 1950 to replace the U. S. Maritime Commission, the Federal Maritime Board was to regulate shipping and provide subsidies for the construction of merchant shipping, maintain the National Defense… …   Historical Dictionary of the Roosevelt–Truman Era

  • Federal Reserve Act — Full title An Act To provide for the establishment of Federal reserve banks, to furnish an elastic currency, to afford means of rediscounting commercial paper, to establish a more effective supervision of banking in the United States, and for… …   Wikipedia

  • Federal Reserve Act — USA The federal banking statute that, among other things: • Created the Federal Reserve System, including the 12 Federal Reserve Banks, the Federal Open Market Committee and the Board of Governors of the Federal Reserve System (Federal Res …   Law dictionary

  • Federal Reserve System — ☆ Federal Reserve System n. a centralized banking system in the U.S. under a Board of Governors (formerly called the Federal Reserve Board) with supervisory powers over twelve Federal Reserve Banks, each a central bank for its district:… …   English World dictionary


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