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

Question

Quizplus · Accepted Answer

The Federal Open Market Committee (FOMC) is the part of the Federal Reserve System that meets approximately every six weeks to discuss and determine the direction of monetary policy, including decisions on interest rates and open market operations.

Which Part of the Federal Reserve System Meets Every 6