Which of the following is the official policy-making body of the Federal Reserve System?
A)Federal Advisory Council
B)The U.S.Treasury
C)The Federal Open Market Committee
D)The Board of Governors
E)The Federal Reserve district banks

Question

Quizplus · Accepted Answer

The Federal Open Market Committee (FOMC) is the official policy-making body of the Federal Reserve System, responsible for setting monetary policy, including interest rates and open market operations.

Which of the Following Is the Official Policy-Making Body of the Federal