Reference Entry

Federal Reserve System

Edited by Anne Kerr and Edmund Wright

in A Dictionary of World History

Third edition

Published in print January 2015 | ISBN: 9780199685691
Published online July 2015 | e-ISBN: 9780191765728
Federal Reserve System

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The central bank of the USA, established in 1913, that holds the US gold reserves and implements government financial policy. There are 12 Federal Reserve Districts in the USA and each has its own Federal Bank. The Federal Reserve System is controlled by the Federal Reserve Board, based in Washington, DC....

Reference Entry.  54 words. 

Subjects: World History

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