Federal Reserve System - FRS

What Does Federal Reserve System - FRS Mean?
The central bank of the United States. The Fed, as it is commonly called, regulates the U.S. monetary and financial system. The Federal Reserve System is composed of a central governmental agency in Washington, D.C. (the Board of Governors) and twelve regional Federal Reserve Banks in major cities throughout the United States.

Investopedia explains Federal Reserve System - FRS
You can divide the Federal Reserve's duties into four general areas:

1. Conducting monetary policy
2. Regulating banking institutions and protecting the credit rights of consumers
3. Maintaining the stability of the financial system
4. Providing financial services to the U.S. government

Related Terms

Alan Greenspan
Ben Bernanke
Discount Rate
Douglas Amendment
Federal Funds Rate
Federal Reserve Bank
Federal Reserve Board - FRB
Federal Reserve Open Market Committee - FOMC
Federal Reserve Regulations
Monetary Policy
Moral Suasion
Open Market Operations
Prime Rate
Reserve Requirements
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Related Links

The Federal Reserve: What Is The Fed? - The Fed was created to study and implement monetary policy in the U.S. Learn how here.
The Treasury And The Federal Reserve - Find out how these two agencies create policies to stimulate the economy in tough economic times.
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Compare Local Interest Rates - Search and compare the best checking and savings rates nationwide from Bankrate.com. Click Here!
Formulating Monetary Policy - Learn about the tools the Fed uses to influence interest rates and general economic conditions.
How The Federal Reserve Was Formed - Find out how this institution has stabilized the U.S. economy during economic downturn.
The Whens And Whys Of Fed Intervention - The Federal Reserve doesn't interfere with the economy every time it flounders. Find out more here.
Manipulating Money Supply And The Market - The economy can be volatile when left to its own devices. Find out how the Fed smooths things out.
Get To Know The Major Central Banks - The policies of these banks affect the currency market like nothing else. See what makes them tick.
How Interest Rates Affect The Stock Market - Whether you're buying lunch, a home or a stock, you're influenced by interest rates.

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