Monetary policy is primarily exercised by
A) Congress.
B) the President.
C) the Federal Reserve.
D) the Treasury Department.

Question

Quizplus · Accepted Answer

Monetary policy is primarily exercised by the Federal Reserve, which is the central banking system of the United States. The Federal Reserve controls the money supply and interest rates to achieve macroeconomic objectives such as controlling inflation, managing employment levels, and stabilizing the financial system.

Monetary Policy Is Primarily Exercised by