What Does FRS Stand For?
FRS stands for U S Federal Reserve System
The U.S. Federal Reserve System (FRS) is the central banking system of the United States, established in 1913. It is responsible for implementing monetary policy, regulating financial institutions, maintaining financial stability, and providing banking services to government entities and commercial banks. The FRS comprises the Board of Governors, 12 regional Federal Reserve Banks, and various advisory councils, playing a crucial role in influencing economic conditions and promoting maximum employment and stable prices.
Category : Airline Identification Code
Website : http://www.federalreserve.gov/
Added on 3rd May 2008 | Last edited on 17th June 2025 | Edit Acronym