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doc Definition of fed
    English to English
  • any federal law-enforcement officer
  • source: WordNet 3.0
  • 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
  • The Fed seeks to control the United States economy by raising and lowering short-term interest rates and the money supply.
    source: WordNet 3.0
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