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the Fed

informal A shortening of "The Federal Reserve" or "the Federal Reserve System" the central banking system of the United States. Primarily heard in US. The Fed has said it will not raise interest rates this year in an attempt to stabilize the economy. Inflation is expected to increase 2.3%—significantly higher than the Fed's prediction in December.
See also: fed

the feds

Any federal agency, or the individual agents thereof, responsible for enforcing laws regarding drugs, taxes, immigration, etc. Primarily heard in US. The massive amounts of money coming in and out of the company's accounts attracted the attention of the feds, who suspected they might be involved in money laundering. It turned out the drug dealer had been working as an informant for the feds for years, supplying information on rival gangs and distributors around the country. As soon as this becomes a hostage situation, the feds will take over.
See also: fed
Farlex Dictionary of Idioms. © 2022 Farlex, Inc, all rights reserved.


1. and the feds n. a federal agent concerned with narcotics, tax collection, customs, etc. Some fed was prowling around asking questions about you.
2. and The Fed n. the Federal Reserve Board. (Colloquial. Usually Fed. Always with the in this sense.) The Fed is not likely to raise interest rates very soon again.
McGraw-Hill's Dictionary of American Slang and Colloquial Expressions Copyright © 2006 by The McGraw-Hill Companies, Inc. All rights reserved.
References in periodicals archive ?
In banking, the burdensome regulations imposed by Dodd-Frank and the Fed's stress tests have deterred bank lending (Calomiris 2017).
The Fed takes far too much credit for the sustained economic expansion and labor market improvement of recent years.
Through most of the expansion, the Fed viewed the low wage gains and inflation as a rationale to enhance and maintain its efforts to use monetary policy to stimulate economic growth.
Along with weak productivity gains, the failure of nominal GDP to accelerate in response to the Fed's unprecedented monetary ease has been a key reason why wage increases have remained modest and inflation has remained below the Fed's 2 percent target.
The Fed's historic tendency to fine-tune the economy and financial markets has been accentuated during this expansion.
As a result of these short-run concerns, the Fed maintains a balance sheet of $4.5 trillion, including $2.5 trillion of U.S.
The Fed has begun a strategy of gradually and passively unwinding a fairly even portion of its Treasury and MBS holdings by reinvesting all but a small portion of principle of maturing assets.
The Fed's intention to maintain a large buffer of excess reserves implies a shift from pre-financial crisis operating procedures, in which the Fed's much smaller asset portfolio resulted in a minimal amount of excess reserves.
The Fed's balance sheet, low policy rate, and forward guidance aimed at keeping bond yields low temporarily have combined to reduce budget deficits and the government's debt service costs.