The ____ is directly responsible for conducting monetary policy.
A)Federal Advisory Council
B)FOMC
C)Senate
D)President of the United States

Question

The ____ is directly responsible for conducting monetary policy. ​
A)Federal Advisory Council
B)FOMC
C)Senate
D)President of the United States

Quizplus · Accepted Answer

The Federal Open Market Committee (FOMC) is directly responsible for overseeing the nation's open market operations and making key decisions about interest rates and the growth of the United States money supply, which are central aspects of monetary policy.

The ____ Is Directly Responsible for Conducting Monetary Policy