Under current Fed practice, changes in policy made by the FOMC
A)are announced at the time they are made.
B)are announced six weeks after they are made.
C)must be approved by the Secretary of the Treasury.
D)must be approved by a majority of the presidents of the Federal Reserve district banks.

Question

Quizplus · Accepted Answer

Changes in policy made by the FOMC are announced at the time they are made. This is typically done through a press release or a statement issued shortly after the FOMC meeting. This transparency allows market participants to adjust their expectations and positions accordingly.

Under Current Fed Practice, Changes in Policy Made by the FOMC