Which institution is the most important player in charting national monetary policy?

Question

Quizplus · Accepted Answer

The Federal Reserve is the most important player in charting national monetary policy. It is responsible for regulating the country's money supply and interest rates, and takes actions to stabilize the economy during times of inflation or recession. Citibank is a commercial bank and does not have the authority to chart national monetary policy. The Congressional Budget Office is responsible for providing economic data and analysis to Congress, but does not set monetary policy. There is no such institution as the American Financial Affairs Board.

Which Institution Is the Most Important Player in Charting National