The major policy-making group within the Fed is the __________ Committee.
A) Federal Reserve Tax
B) Federal Reserve Banking
C) Federal Open Market
D) Federal Reserve Decision-Making
E) Regional Bank

Question

Quizplus · Accepted Answer

The Federal Open Market Committee (FOMC) is the major policy-making group within the Fed. It is responsible for setting monetary policy, including decisions about interest rates and the regulation of the money supply. The other options listed are not actual committees or groups within the Fed.

The Major Policy-Making Group Within the Fed Is the __________