Monetary policy is conducted by

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Quizplus · Accepted Answer

Monetary policy in the United States is conducted by the Federal Reserve System, specifically the Federal Open Market Committee (FOMC). The FOMC is made up of seven members of the Federal Reserve Board and five Reserve Bank presidents, and they are responsible for setting monetary policy in order to maintain price stability and promote economic growth. The Banking Committee of Congress and the President's Council of Economic Advisers may have some influence over monetary policy, but they do not conduct it directly. The Chamber of Commerce is a private organization and does not have any role in conducting monetary policy.

Monetary Policy Is Conducted by