Glossary of Terms

Federal Reserve System 2019-10-03 08:00:00

Federal Reserve System

The Federal Reserve System is the central bank of the United States. As the regulator of the nation’s financial systems, the Federal Reserve monitors the country’s monetary policy, regulates and seeks to institute policies that maintain the stability of the economy.

The Federal Reserve is comprised of the Board of Governors and 12 Federal Reserve Banks in cities around the United States.