What does Federal Reserve Board mean?

The Federal Reserve Board (FRB), also known as the Federal Reserve, is the central banking system of the United States. It is responsible for implementing monetary policy, which includes setting interest rates and controlling the money supply. The Federal Reserve is also responsible for supervising and regulating banks and other financial institutions to ensure that they are operating in a safe and sound manner.

Related Terms

Custom Builder Level of Control On a Listing Agreement Mixed-Use Development Schematic Designs Landscape Contractor Origination Fee Gross Income Debt Service Standard Metropolitan Statistical Area Active Solar System Acceleration Clause No-Competition Lots Exclusive Listing Credit Card Discounts Principal Median Price Mechanic's Lien Low Density