In: Finance
The actual purchase or sale of investments in the open market is performed by the:
A. New York Federal Reserve Bank
B. Philadelphia Federal Reserve Bank
C. Federal Reserve Board.
D. Federal Deposit Insurance Corporation.
Federal Reserve Board is the main governing body of the Federal Reserve System. It is charged with overseeing the Federal Reserve Bank sand with helping implement the monetary policy of the United States which include open market operations, thus the answer is:
C)