Question

What is the subject of Federal Open Market Committee decisions?


scheduling of banking days and hours for member banks


level of interest rates and growth of the money supply


chartering of new banks and other lending institutions


appointment of members of the Federal Reserve’s Board of Governors

Answer 1

The subject of Federal Open Market Committee (FOMC) decisions primarily pertains to the **level of interest rates and growth of the money supply**. The FOMC is responsible for implementing monetary policy in the United States, which includes setting target interest rates and making decisions that affect overall economic conditions.