The Fed controls the money supply to achieve the policy goals set by the United States International Trade Commission.

Question

Quizplus · Accepted Answer

The Federal Reserve (the Fed) is an independent agency tasked with controlling the money supply and promoting economic growth and stability in the United States. However, its policies are not set by the United States International Trade Commission. The policy goals of the Fed are established by its Board of Governors, and include promoting maximum employment, stable prices, and moderate long-term interest rates.

The Fed Controls the Money Supply to Achieve the Policy