fed meaning and definition

FED noun

Definition of Fed (noun)

1. any federal law-enforcement officer
   • synonyms: Federal, federal official
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
   • "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