Interest rates could change due to all of the following except
A)United Nations' resolution to change the Fed fund rate.
B)shift in savings by investors.
C)shift in monetary policy of the Fed.
D)shift in business demand for funds.

Question

Quizplus · Accepted Answer

The United Nations does not have the authority to change the Fed fund rate. Only the Federal Reserve, through its monetary policy, can control interest rates. Shifts in savings by investors, monetary policy of the Fed, and business demand for funds can all lead to changes in interest rates.

Interest Rates Could Change Due to All of the Following