The main policy-making organ of the Federal Reserve System is the
A) Federal Reserve bank presidents.
B) Joint Congressional Committee on Monetary Policy.
C) Federal Open Market Committee.
D) Board of Governors.

Question

Quizplus · Accepted Answer

The Federal Open Market Committee (FOMC) is the main policy-making body of the Federal Reserve System, responsible for setting monetary policy, including interest rates and open market operations.

The Main Policy-Making Organ of the Federal Reserve System Is