Question
Which organization sets monetary policy for the United States?
Department of the Treasury
Congress
Federal Open Market Committee
Federal Reserve Banks
Department of the Treasury
Congress
Federal Open Market Committee
Federal Reserve Banks
Answers
GPT-4o mini
The organization that sets monetary policy for the United States is the **Federal Open Market Committee (FOMC)**. The FOMC is a part of the Federal Reserve System, which is the central bank of the United States.