Decisions to buy or sell securities at the Fed are made by the:
A) Congress.
B) Federal Open Market Committee.
C) Federal Deposit Insurance Corporation.
D) President's Council of Economic Advisors.

Question

Quizplus · Accepted Answer

The Federal Open Market Committee (FOMC) is the entity responsible for making decisions about buying or selling securities at the Fed. The FOMC is comprised of members of the Federal Reserve Board and regional Federal Reserve Bank presidents. The other options listed are not responsible for making these types of decisions.

Decisions to Buy or Sell Securities at the Fed Are