Fed

noun

1. any federal law-enforcement officer

   noun.person

   Synonyms federal federal official

   Source: WordNet 3.0

2. the central bank of the United States; incorporates 12 Federal Reserve branch banks and all national banks and state-chartered commercial banks and some trust companies

   noun.group

   Examples

   The Fed seeks to control the United States economy by raising and lowering short-term interest rates and the money supply.

   Synonyms federal reserve federal reserve system frs

   Source: WordNet 3.0