"The Federal Open Market Committee (FOMC)is the group within the Federal Reserve that makes monetary policy decisions.The FOMC meets twice a year and each meeting lasts eight days." Are these two statements correct or incorrect? Why?

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The Answer of "The Federal Open Market Committee (FOMC)is the group within the Federal Reserve that makes monetary policy decisions.The FOMC meets twice a year and each meeting lasts eight days." Are these two statements correct or incorrect? Why?

"The Federal Open Market Committee (FOMC)is the Group Within the Federal