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Congressional Research Service Issues In Focus White Paper on Introduction to U.S. Economy - Monetary Policy
June 05, 2024
WASHINGTON, June 5 -- The Congressional Research Service issued the following In Focus white paper (No. IF11751) on June 4, 2024, by macroeconomic policy specialist Marc Labonte:

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Introduction to U.S. Economy: Monetary Policy

The Federal Reserve (Fed), the nation's central bank, is responsible for monetary policy. This In Focus explains how monetary policy works. Typically, when the Fed wants to stimulate the economy, it makes policy more expansionary . . .

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