The agency directly responsible for monetary policy in the United States is

Question

Quizplus · Accepted Answer

The Board of Governors of the Federal Reserve System is directly responsible for monetary policy in the United States. The Federal Reserve System is an independent agency of the federal government responsible for regulating the supply of money and credit in the economy. The twelve Federal Reserve Banks help to implement the policies established by the Board of Governors. The Congress of the United States has oversight responsibility for the Federal Reserve System, but it does not have direct control over its monetary policy decisions. The United States Treasury is responsible for managing the government's finances, including the issuance of Treasury securities, but it does not have responsibility for monetary policy.

The Agency Directly Responsible for Monetary Policy in the United