In the U.S., the ________ has the role of managing the money supply and interest rates.
A) United States Treasury
B) Federal Reserve Bank
C) State Department
D) Federal Deposit Insurance Corporation

Question

Quizplus · Accepted Answer

The Federal Reserve Bank, commonly known as the Federal Reserve or simply the Fed, is the central banking system of the United States. Its primary responsibilities include managing the money supply, conducting monetary policy, and regulating and supervising banks and other financial institutions. The United States Treasury deals with government finances and debt management, the State Department handles foreign policy, and the Federal Deposit Insurance Corporation insures deposits in banks and thrift institutions.

In the US, the ________ Has the Role of Managing the Money