What is the meaning of FEDERAL RESERVE SYSTEM (FRS)?

Subtopics: "the Fed", Fed 

FEDERAL RESERVE SYSTEM (FRS) is the central bank of the United States, controls supply of money, credit availability and benchmark interest rates. Made up of the twelve Federal Reserve Banks.

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APABarry Goldsmith. (2010). federal reserve system (frs). Retrieved September 25, 2026, from http://smartdefine.org/federal_reserve_system_(frs)/definitions/1153784
ChicagoBarry Goldsmith. 2010. "federal reserve system (frs)" http://smartdefine.org/federal_reserve_system_(frs)/definitions/1153784 (accessed September 25, 2026).
HarvardBarry Goldsmith 2010, federal reserve system (frs), Smart Define, viewed 25 September, 2026, <http://smartdefine.org/federal_reserve_system_(frs)/definitions/1153784>.
MLABarry Goldsmith. "federal reserve system (frs)" 21 October 2010. Web. 25 September 2026. <http://smartdefine.org/federal_reserve_system_(frs)/definitions/1153784>