SIE Exam Question 434: Answer and Explanation

Question: 434

Which entity conducts the USA's monetary policy to promote maximum employment, stable prices, and moderate long-term interest rates in the United States economy?

• A. FDIC
• B. SIPC
• C. Department Of The Treasury
• D. Federal Reserve

Correct Answer: D

Explanation:

D: The FED - Federal Reserve was created in 1913 by the Federal Reserve Act to serve as the nation's central bank. These are some of the objectives of the FED.