what office controls u.s. monetary policy?
The Federal Reserve has three primary functions: Monetary Policy, Banking Supervision, Financial Services. The Board of Governors, located in Washington, D.C., provides the leadership for the System. The Board of Governors, also known as the Federal Reserve Board, is the national component of the Federal Reserve System.
A Glossary of Political Economy Terms. by Dr. Paul M. Johnson. The central bank for the United States banking system and the institution that holds the primary responsibility for the making and execution of American monetary policies. Its bank notes circulate today as the United States' everyday paper currency.