What is another word for federal reserve system?
Pronunciation: [fˈɛdəɹə͡l ɹɪsˈɜːv sˈɪstəm] (IPA) 
The term "Federal Reserve System" refers to the central banking system of the United States. However, there are several other synonyms for this term, such as the "Fed," "Federal Reserve Board," "Central Bank of the United States," and "Board of Governors of the Federal Reserve." While these synonyms may have slight differences in their meanings, they all refer to the same concept and organization. The Federal Reserve System was created in 1913 to maintain financial stability, regulate banks and financial institutions, and manage the country's currency and monetary policy. Today, it remains a critical institution of the United States' economy.
