Question

Monetary policy is made by which part of the federal reserve? the board of governors. the federal open market committee. the federal securities commission. the chairman of the fed. the securities and exchange commission.

Answer 1

Monetary Policies in the United States are regulated by the Federal Open Market Committee (FOMC) which is a sister arm of the Federal Reserve Board and it says which direction the financial bearings and adjustment of the united state financial conditions sway towards A vote to transform the financial outcome of United States by this FOMC through it's monetary policies can either purchasing or offering US government securities in the open market to build up the advancement of the country.