The statement that emerges from the FOMC Meeting and that is used to guide monetary policy until the next FOMC meeting is called the
A)monetary target.
B)policy directive.
C)operating target.
D)intermediate target.

Question

Quizplus · Accepted Answer

The statement used to guide monetary policy until the next FOMC meeting is called the policy directive. It provides guidance on interest rates and other monetary policy tools such as open market operations. The FOMC determines this directive in each meeting based on their assessment of the current economic conditions and their outlook for future economic growth and inflation.

The Statement That Emerges from the FOMC Meeting and That