Glossary · from the DESK dictionary
Federal Reserve
The central banking system of the United States, responsible for monetary policy, bank supervision, and financial stability.
In plain words
One of the most influential financial institutions in the world, directly affecting global interest rates and markets.
What it means for traders
An absolutely central institution for understanding global financial markets.
Common pitfalls
Monetary policy missteps can cause significant economic dislocations.
Related terms
Bank Reserves · Bilateral Swap Line · Fed Funds Rate · Fed Watching · Federal Open Market Committee (FOMC) · 1913 Federal Reserve Act · Federal Reserve Bank · FX Swap Line · Inflation Target · US Federal Funds Rate
From the DESK dictionary. For information only, not investment advice.
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DESK is a research tool and not investment advice. Page generated: 2026-10-12.