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词汇 federal-reserve-system
释义 the Federal Reserve System
noun
 BANKING, FINANCE, GOVERNMENTukus(abbreviationthe FRS); (alsothe Federal Reserve); (informalthe Fed)
the central banking system in the US that consists of the Federal Reserve Board, the twelve Federal Reserve Banks, the Federal Open Market Committee, and other banks that belong to the US central banking system:
The Federal Reserve System announced that it would close 18 of its check-processing centers.
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