Increases in interest rates are often blamed on
A)Congress.
B)the President.
C)the Fed.
D)the U.S. Treasury.

Name: Increases in interest rates are often blamed on A)Congress. B)the President. C)the Fed. D)the U.S. Treasury.
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Question

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The Federal Reserve (the Fed) is responsible for setting and implementing monetary policy, including decisions about interest rates. Therefore, increases in interest rates are often attributed to the Fed.

Increases in Interest Rates Are Often Blamed on