Question
The part or group of individuals of the Federal Reserve System that has the responsibility of conducting monetary policy is known as the Federal Open
The part or group of individuals of the Federal Reserve System that has the responsibility of conducting monetary policy is known as the Federal Open Market Committee. Identify who these individuals are. Explain what the basic mandated goals that The Fed has for our economy.
Go back and review the press release statements of all Federal Open Market Committee meetings since and including December 2019 to the present by Jerome Powell. Please explain why they acted as they did during this period of time and how the Covid Crisis affected Monetary policy. You can find much of this information on - (https://www.thebalance.com/fomc-meetings-schedule-and-statement-summaries-3305975)
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