by Colby November 18, 2003
Get the cabin fever mug.(ECONOMICS) Any of the 12 constituent district banks of the Federal Reserve System. Federal Reserve Banks may be referred to either by the number of the district they serve (e.g., 12th FRB) or by the city in which they are headquartered (e.g., FRB of San Francisco).
Representatives of the FRB's are eligible to serve on the Federal Open Market Committee (FOMC), the committee that actually administers monetary policy through sales or purchases of treasury securities.
The Federal Reserve Bank of New York (2nd FRB) is by far the most important of the 12 district banks. Each bank holding company is likely to have a subsidiary in NYC, and the 2nd District is uniquely guaranteed a seat on the FOMC. The other 11 rotate, with 4 taking a year-long turn at the FOMC at any given time.
Representatives of the FRB's are eligible to serve on the Federal Open Market Committee (FOMC), the committee that actually administers monetary policy through sales or purchases of treasury securities.
The Federal Reserve Bank of New York (2nd FRB) is by far the most important of the 12 district banks. Each bank holding company is likely to have a subsidiary in NYC, and the 2nd District is uniquely guaranteed a seat on the FOMC. The other 11 rotate, with 4 taking a year-long turn at the FOMC at any given time.
The Federal Reserve Bank of New York has historically supplied the secretaries of the Treasury or else the chairmen of the Federal Reserve Board.
by Abu Yahya May 5, 2010
Get the Federal Reserve Bank mug.Related Words
Nigel:I say, Basil, I think I ate some bad shrimp yester-eve.
Basil: Have you been defecating often this day?
Nigel: Indeed I have, my dear fellow.
Basil: I must say that sounds like you have the brown fever, chap.
Basil: Have you been defecating often this day?
Nigel: Indeed I have, my dear fellow.
Basil: I must say that sounds like you have the brown fever, chap.
by Sir Poops-a-Lot July 21, 2008
Get the brown fever mug.A lie forged by asian women who have white fever so that they can suck all the white cock they want without people noticing they have white fever.
by urmomdid911 June 29, 2018
Get the yellow fever mug.Adam: Hey I'm thinking about asking Annie out.
John: Don't bother, she has hay fever.
Adam: Goddamn rednecks.
John: Don't bother, she has hay fever.
Adam: Goddamn rednecks.
by Yuhboizne May 6, 2014
Get the Hay fever mug.by Sam is a Dick October 25, 2006
Get the rice fever mug.Person A: Is he really going out with her? She's not even that good looking.
Person B: Yeah, he definitely has burnt sienna fever.
Person B: Yeah, he definitely has burnt sienna fever.
by kanapanapan May 30, 2010
Get the burnt sienna fever mug.