This federal organization is primarily responsible for monetary policy.

Question

Quizplus · Accepted Answer

The Federal Reserve Board (Fed) is the primary federal organization responsible for monetary policy, such as setting interest rates and regulating the money supply. The Council of Economic Advisers, Treasury Department, and Office of Management and Budget all play important roles in economic policy but do not have primary responsibility for monetary policy. The National Security Agency is responsible for intelligence gathering and analysis related to national security, and is not involved in monetary policy.

This Federal Organization Is Primarily Responsible for Monetary Policy