Which of the following statements is CORRECT? The Fed\'s actions are subject to

Question

Which of the following statements is CORRECT? The Fed's actions are subject to executive branch control. Politically controlled banks are better at fighting inflation than are independent central banks. The Federal Reserve is considered to be an independent central bank. The Federal Reserve System is not subject to Congressional oversight. Which of the following statements is CORRECT? The Fed's actions are subject to executive branch control. Politically controlled banks are better at fighting inflation than are independent central banks. The Federal Reserve is considered to be an independent central bank. The Federal Reserve System is not subject to Congressional oversight.

Explanation / Answer

The Federal Reserve is considered to be an independent central bank.

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