Which agency is responsible for adjusting the supply of money to the needs of banks in different regions and for the commerce and industry in each region?

Question

Quizplus · Accepted Answer

The Federal Reserve System, also known as the central bank of the United States, is responsible for adjusting the supply of money to meet the needs of banks in different regions and for the commerce and industry in each region. The Federal Reserve uses various tools and policies to influence the money supply, such as open market operations, reserve requirements, and discount rates. The other agencies listed do not have the same mandate as the Federal Reserve when it comes to monetary policy.

Which Agency Is Responsible for Adjusting the Supply of Money