The part of the Federal Reserve that implements open market operations is
A) the FRBNY.
B) the Board of Governors.
C) the FRBSF.
D) Congress.

Name: The part of the Federal Reserve that implements open market operations is A) the FRBNY. B) the Board of Governors. C) the FRBSF. D) Congress.
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Question

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The Federal Reserve Bank of New York (FRBNY) is responsible for implementing open market operations, which are a key tool used by the Federal Reserve to influence the money supply and interest rates.

The Part of the Federal Reserve That Implements Open Market