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21 October, 02:58

Outside of REIN, the regional economic Information network, what other Federal Reserve System group regularly gathers local economic information and reports on their

Industries to inform monetary policy?

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Answers (1)
  1. 21 October, 06:43
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    Outside of REIN, the Regional Economic Information Network, Economists and analysts also gather qualitative data from periodic surveys of Southeastern business contacts as well as quantitative economic data from government and private statistical agencies.

    Explanation:

    REIN is the tool used by the Federal Reserve Bank of Atlanta to determine various economic policies and monetary making policies in Atlanta. Apart from Federal Reserve System group however, there are scientists, economists etc, that also gather various quantitative economic data for the usage of the Federal Reserve.
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