monetary policy

What Controls The Interest Rate?

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What Controls The Interest Rate? What controls the interest rate? In the U.S., interest rates are determined by the Federal Open Market Committee (FOMC), which consists of seven governors of the Federal Reserve Board and five Federal Reserve Bank presidents. The FOMC meets eight times a year to determine the near-term direction of monetary policy

How Do Fiscal Policies Affect The Economy?

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How Do Fiscal Policies Affect The Economy? Fiscal policy describes changes to government spending and revenue behavior in an effort to influence the economy. … However, expansionary fiscal policy can result in rising interest rates, growing trade deficits, and accelerating inflation, particularly if applied during healthy economic expansions. What do fiscal policies affect? Fiscal policy