Which of the following entities is responsible for setting the federal funds rate in the United States?

Question

Quizplus · Accepted Answer

The Federal Reserve Board is responsible for setting the federal funds rate in the United States. The Congressional Budget Office provides non-partisan analysis to Congress, the Executive Office of the President advises the President on policy matters, and the Office of Management and Budget oversees the implementation of the President's budget and manages federal agencies.

Which of the Following Entities Is Responsible for Setting the Federal