What is the meaning of Federal Reserve Board (FRB)?

Federal Reserve Board (FRB) is the seven-member governing body of the Federal Reserve System, which is responsible for setting reserve requirements, and the discount rate, and making other key economic decisions.

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APABarry Goldsmith. (2010). Federal Reserve Board (FRB). Retrieved September 23, 2026, from http://smartdefine.org/federal_reserve_board_(frb)/definitions/1153774
ChicagoBarry Goldsmith. 2010. "Federal Reserve Board (FRB)" http://smartdefine.org/federal_reserve_board_(frb)/definitions/1153774 (accessed September 23, 2026).
HarvardBarry Goldsmith 2010, Federal Reserve Board (FRB), Smart Define, viewed 23 September, 2026, <http://smartdefine.org/federal_reserve_board_(frb)/definitions/1153774>.
MLABarry Goldsmith. "Federal Reserve Board (FRB)" 21 October 2010. Web. 23 September 2026. <http://smartdefine.org/federal_reserve_board_(frb)/definitions/1153774>