"The Federal Reserve" or simply "the Fed" is often used interchangeably to refer to the central banking system of the United States. However, there are also other synonyms that can be used to describe the same institution. For instance, one can use "the central bank," "the monetary authority," or "the Reserve Bank" as alternative terms for the Federal Reserve. Additionally, some may refer to the Fed's Board of Governors as the "Federal Reserve Board" or simply "the Board." While these terms may have slightly different meanings and uses depending on the context in which they are used, they all refer to the entity responsible for overseeing the country's monetary policy and regulating its banking system.