Definitions
There is 1 meaning of the phrase
Federal Reserve System.
Federal Reserve System - as a noun
The central bank of the united states; incorporates 12 federal reserve branch banks and all national banks and state-chartered commercial banks and some trust companies
Example: "The fed seeks to control the united states economy by raising and lowering short-term interest rates and the money supply"
Synonyms (Exact Relations)
fedfederal reservefrs