The part of the U.S. federal government responsible for monetary policy is ______.

Question

Quizplus · Accepted Answer

The Federal Reserve System, also known as the Fed, is responsible for formulating and implementing monetary policy in the United States. It is an independent agency within the federal government, which means that it is not subject to the control or direction of the president or Congress. The Fed's primary goal is to promote price stability, full employment, and economic growth through the regulation of the money supply and interest rates.

The Part of the U