How often does the FOMC issue its Domestic Policy Directive?
A)Once per year
B)Once per month
C)At the end of every meeting
D)Whenever requested to do so by the House Banking Committee or the Senate Finance Committee

Question

Quizplus · Accepted Answer

The FOMC issues its Domestic Policy Directive at the end of every meeting, which occurs approximately eight times per year. The directive outlines the committee's stance on monetary policy and serves as a guide for the implementation of policy decisions by the Federal Reserve Banks. Choices A, B, and D are not correct as they do not accurately reflect the frequency or purpose of the directive issuance.

How Often Does the FOMC Issue Its Domestic Policy Directive