Federal Reserve Board - FRB

What Does Federal Reserve Board - FRB Mean?
The governing body of the Federal Reserve System. The seven members of the board of governors are appointed by the president, subject to confirmation by the Senate.

Investopedia explains Federal Reserve Board - FRB
The board sets Fed policy regarding the discount rate and reserve requirements (among other key economic decisions).

Typically, the chairman of the board of governors is also the chairman of the Federal Reserve Open Market Committee (FOMC).

Related Terms

Alan Greenspan
Bank Lending Survey
Ben Bernanke
Discount Rate
Fed Balance Sheet
Fed Model
Federal Funds Rate
Federal Reserve Bank
Federal Reserve Open Market Committee - FOMC
Monetary Policy
Open Market Operations
Prime Rate
Reserve Requirements
More Related Terms

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FederalReserve.gov - The official site of the Federal Reserve Board.

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