Federal Reserve System
/ˈfɛdərəl rɪˈzɜrv ˈsɪstəm/
Definitions
- (n.) The central banking system of the United States, responsible for regulating monetary policy, supervising and regulating banks, maintaining financial stability, and providing financial services.
The Federal Reserve System raised interest rates to curb inflation.
Forms
- federal reserve system
Related terms
See also
Commentary
Often referred to simply as "the Fed," the term encompasses the Board of Governors, regional Federal Reserve Banks, and the FOMC, each playing distinct roles.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.