Question

question 28 2.5 pts what part of the government has the power to raise or lower interest rates to manage inflation? ○ the federal reserve ○ the economics development administration ○ department of commerce ○ bureau of labor statistics

Explanation:

The Federal Reserve (the central bank of the U.S.) is responsible for monetary policy, including adjusting interest rates to control inflation. The Economic Development Administration focuses on economic development, the Department of Commerce on trade and business, and the Bureau of Labor Statistics on labor data—none handle interest rate adjustments for inflation management.

Answer:

A. the Federal Reserve