The chairman of the Federal Reserve is considered one of the most important economic positions in the world because this person has significant direct control over the:

Question

Quizplus · Accepted Answer

The chairman of the Federal Reserve has significant direct control over the conduct of monetary policy in the United States. Fiscal policy is controlled by the legislative and executive branches of government, and international trade policy is controlled by the executive branch of government. While the chairman of the Federal Reserve may have some indirect influence over these policies, their direct control is limited to monetary policy.

The Chairman of the Federal Reserve Is Considered One of the Most