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Federal Reserve
The central bank of the United States, responsible for setting monetary policy, supervising and regulating banks, and ensuring the stability of the financial system.
Required Reserve Ratio
The fraction of deposits that a bank is required to hold in reserve and not lend out, as mandated by a central banking authority.
Excess Reserves
The reserves that banks hold in excess of the required minimum, often held in the central bank, which can lend them out to generate interest.
New Loans
Any sums of borrowed money that have recently been provided by a lender to a borrower.
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