The chair of the Federal Reserve is considered one of the most important economic positions in the world because this person has significant direct control over the conduct of _______ in the United States.

Question

Quizplus · Accepted Answer

The chair of the Federal Reserve has control over monetary policy, which includes setting interest rates and influencing the money supply. Fiscal policy is determined by the US government and managed by Congress and the President. International trade policy is managed by the Office of the United States Trade Representative and other agencies. The government budget is also determined by Congress and the President.

The Chair of the Federal Reserve Is Considered One of the Most