the Fed

noun

US, informal
: the group of officials (the Federal Reserve Board) who control the U.S. government's central banking system (the Federal Reserve System).
The Fed has decided to cut interest rates.

Examples of the Fed in a Sentence

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Ending several years of speculation whether the Fed would join some of its global counterparts, including China, in developing a formal cryptocurrency like bitcoin or its many peers, Powell said during a Senate hearing that the project would not go forward. Jeff Cox, CNBC, 11 Feb. 2025 The pause came as President Trump has been elbowing Powell to keep cutting rates to spur economic growth, reviving tensions between the White House and the Fed that were a hallmark of Trump’s first term. The Hill Staff, The Hill, 11 Feb. 2025 Join 31 others in the comments View Comments Mortgage rates, which have stayed high despite the Fed’s recent rate cuts, have also cut into affordability. Samantha Delouya, CNN, 11 Feb. 2025 It is funded outside of the congressional appropriations process, and its funding comes from the Fed. Laurel Wamsley, NPR, 8 Feb. 2025 See all Example Sentences for the Fed 

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Cite this Entry

“The Fed.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/the%20Fed. Accessed 20 Feb. 2025.

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