The monetary policy of the U.S. Federal Reserve.

The U.S. Federal Reserve is one of the most influential financial institutions in the world in terms of power and impact through its policies, as its decisions are closely monitored by investors worldwide. Any change in its monetary policy affects global markets. Its role became prominent after the repercussions of the global financial crisis through the implementation of unconventional monetary policy tools, and these policies have succeeded in many aspects. Monetary policy is considered one of the most important economic policies due to its role in achieving societal goals alongside other economic policies. The importance of monetary policy lies in its impact on the economic system in terms of growth rates, production and employment levels, and the distribution of wealth and real income. It is not incorrect to refer to the modern economic system as the 'monetary economic system,' and this designation is not an exaggeration but reflects the reality of economic life. The exchanges that take place between the parties involved and are subject to the management method of this system, if characterized by good facilitation, the movement of exchanges would flourish, which in turn would aid economic development.