______ control(s)monetary policy.

Question

Quizplus · Accepted Answer

The Federal Reserve Board of Governors controls monetary policy in the United States. It is an independent agency that is appointed by the president and confirmed by the Senate. The Federal Reserve is responsible for setting interest rates and implementing policies that affect the money supply and credit availability in the economy. Congress and the president do not directly control monetary policy, although they can influence it through legislation and appointments to the Board of Governors. The New York Stock Exchange Board does not have any role in monetary policy.

______ Control(s)monetary Policy