Currently the Fed targets
A) both the monetary base and the federal funds rate simultaneously.
B) the exchange rate.
C) the federal funds rate.
D) the price level.

Question

Quizplus · Accepted Answer

The Federal Reserve primarily targets the federal funds rate, which is the interest rate at which depository institutions lend reserve balances to other depository institutions overnight. This is a key tool for influencing monetary policy and economic conditions.

Currently the Fed Targets