The Fed is the US Central Bank regulating the US financial system. The acronym FRS stands for "Federal Reserve System" and is written in English in a similar way: FRS (Federal Reserve System).
The FRS was established in 1913 and since then has been engaged in the issue of dollars and their withdrawal from circulation, control over interest rates and supervision of the private banking sector in the United States. The main objective of the monetary policy of the Fed is to maintain a delicate and shaky balance between the level of inflation and the creation of new jobs.
News of the day: The Fed raised the base rate for the first time since 2008. Read more ...
The Fed is on the list: Finance