The FOMC is the
A)report the Fed gives to Congress twice a year.
B)report that summarizes the economy across Fed districts.
C)group within the Fed that makes monetary policy decisions.
D)name of the meeting that the Fed has with Congress twice a year.
E)interest rate the Fed most directly influences.

Question

Quizplus · Accepted Answer

The FOMC (Federal Open Market Committee) is a group within the Federal Reserve that sets monetary policy, including decisions about interest rates.

The FOMC Is the