Following the Great Depression, the power of the Fed shifted to the

Name: Following the Great Depression, the power of the Fed shifted to the
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The Federal Open Market Committee (FOMC) is the body within the Federal Reserve System that is responsible for setting interest rates and conducting open market operations. Following the Great Depression, the FOMC was given the power to set interest rates, which gave it a significant role in managing the economy.

Following the Great Depression, the Power of the Fed Shifted