Which part of the Federal Reserve System meets every 6 weeks to determine the nationʹs monetary policy?
A) Federal Open Market Committee
B) Board of Governors
C) depository institutions such as commercial banks
D) the Federal Reserve Banks

Question

Quizplus · Accepted Answer

The Federal Open Market Committee (FOMC) is the part of the Federal Reserve System that meets every 6 weeks to determine the nation's monetary policy. It is made up of the members of the Board of Governors and presidents of the Federal Reserve Banks.

Which Part of the Federal Reserve System Meets Every 6