This is one of three different Mercedes models that make the 10-most-expensive list, costing $3,797 a year to insure, according to the survey, which looked at average insurance rates for 2016 models from six carriers (Allstate, Farmers, Geico, Nationwide, Progressive and State Farm) in 10 zip codes per state; some exotic cars and other models were ...
Noun. 1. Federal Reserve-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.
DEFINITION of 'Federal Reserve Bank'. The central bank of the United States and the most powerful financial institution in the world. The Federal Reserve Bank was founded by the U.S. Congress in 1913 to provide the nation with a safe, flexible and stable monetary and financial system.