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

Question

Quizplus · Accepted Answer

The Federal Open Market Committee (FOMC) is responsible for making decisions related to buying and selling securities at the Fed. It is a 12-member committee consisting of the governors of the Federal Reserve Board and the presidents of five Federal Reserve Banks.

Decisions to Buy or Sell Securities at the Fed Are