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kvv77 [185]
3 years ago
12

Which organization sets monetary policy for the United States?

Business
2 answers:
Romashka-Z-Leto [24]3 years ago
7 0
Federal Open Market Committee
olga55 [171]3 years ago
3 0

Answer:

Federal Open Market Committee

Explanation:

The FOMC (Federal Open Market Committee), is a Federal Reserve body responsible for deciding on US monetary policy issues. It sets interest rates and monetary resources and supervises open market operations, which are the purchase and sale of US Treasury securities by the Federal Reserve.

The FOMC also directs the operations carried out by the Federal Reserve System in the foreign exchange market, in coordination with the US Treasury, which is responsible for setting policies regarding the exchange rate of the US dollar.

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