The voting members of the Federal Open Market Committee consist of the Board of Governors plus the
A)President of the United States.
B)Presidents of the 12 Fed district banks.
C)Presidents of 5 Fed district banks.
D)Federal Advisory Council.

Question

Quizplus · Accepted Answer

The voting members of the Federal Open Market Committee (FOMC) include the Board of Governors and the presidents of 5 of the 12 Federal Reserve District Banks, with the New York Fed president being a permanent member and the other 4 rotating annually.

The Voting Members of the Federal Open Market Committee Consist