K Feds current label. The only person probably in the entire world who didn't see this coming was him.
by SOLofSLC November 14, 2006
Get the FedEx mug.by Joel federaal November 4, 2007
Get the federaal mug.Though the name comes from a meaning of "peace keeper" the only peace this person keeps is their own. They are deceitful and will lie to get what they want including defaming anyone who gets in their way.
That bastard Federico lied about me to make me look bad so that he could get what he wanted. What a deceitful fuck.
by Nick's Giant Schlong September 13, 2011
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the federali are a group of neeks who try to enforce law
but always get ignored and shoved around
basically federali are wasteman police
the federali are a group of neeks who try to enforce law
but always get ignored and shoved around
basically federali are wasteman police
by ricky thunderpants rocketcock November 5, 2009
Get the federali mug.by jackson, j May 15, 2006
Get the FedEx mug.(ECONOMICS) the administrative committee of the Federal Reserve System that actually administers monetary policy. There are 12 members of the FOMC.
The 12 members include all seven governors of the Federal Reserve Board (FRB).
In addition, representatives of each Federal Reserve Bank are eligible to serve on the FOMC. The FOMC implements sales/purchases of treasury securities (open market operations) in order to create credit at member banks. This is the process by which banks with FRS membership can create money. The difficulty of open market operations lies in ensuring that rates for short term securities remain lower than those for long term securities. Otherwise, monetary tightening cannot succeed in curbing inflation.
The Federal Reserve Bank of New York (2nd FRB) is by far the most important of the 12 district banks. Historically, its president has often gone on to become either chairman of the Federal Reserve Board, or else Secretary of the Treasury (as, for example, Treasury Secretary Timothy Geithner). Nearly all bank holding companies have subsidiaries in the 2nd District, and the 2nd District is uniquely guaranteed a seat on the FOMC. The other 11 rotate, with 4 taking a turn of the FOMC at any given time.
The 12 members include all seven governors of the Federal Reserve Board (FRB).
In addition, representatives of each Federal Reserve Bank are eligible to serve on the FOMC. The FOMC implements sales/purchases of treasury securities (open market operations) in order to create credit at member banks. This is the process by which banks with FRS membership can create money. The difficulty of open market operations lies in ensuring that rates for short term securities remain lower than those for long term securities. Otherwise, monetary tightening cannot succeed in curbing inflation.
The Federal Reserve Bank of New York (2nd FRB) is by far the most important of the 12 district banks. Historically, its president has often gone on to become either chairman of the Federal Reserve Board, or else Secretary of the Treasury (as, for example, Treasury Secretary Timothy Geithner). Nearly all bank holding companies have subsidiaries in the 2nd District, and the 2nd District is uniquely guaranteed a seat on the FOMC. The other 11 rotate, with 4 taking a turn of the FOMC at any given time.
The Federal Open Market Committee conducts transactions in treasury securities at the Open Market Window.
by Abu Yahya May 5, 2010
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