Each Fed bank president attends FOMC meetings;although only ________ Fed bank presidents vote on policy,all ________ provide input.

Question

Quizplus · Accepted Answer

There are twelve voting members of the FOMC, which consist of the seven members of the Board of Governors and five of the twelve Federal Reserve Bank presidents who serve on a rotating basis. However, all twelve Federal Reserve Bank presidents attend FOMC meetings and provide input.

Each Fed Bank President Attends FOMC Meetings;although Only ________ Fed