How does the role of the board of governors compare to the role of the federal open market committee

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Tomas Petricek asked Aug 3, 2023

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How does the role of the board of governors compare to the role of the federal open market committee

Mathematics
college

Tomas Petricek asked Aug 3, 2023

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Answer:

The Board of Governors of the Federal Reserve System is responsible for the discount rate and reserve requirements, and the Federal Open Market Committee is responsible for open market operations.

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Yogini answered Aug 7, 2023

by Yogini

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