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I believe the US Department of Health and Human Services determines this (in the US). The Federal Reserve is a completely different institution.

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10y ago
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Q: Is it true that the Federal Reserve sets the poverty threshold?
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Related questions

Who sets the poverty threshold?

The United States government sets the property threshold for the United States.


Who sets the interest rates in the US.?

The Federal Reserve (The Fed)


Who sets national interest rates in the US?

The Federal Reserve (The Fed)


What are the main components in the Federal Reserve banks?

The Federal Open Market Committee. The Federal Open Market Committee (FOMC) consists of seven Federal Reserve Board members and five Federal Reserve bank representatives. The FOMC sets monetary policy by.


If the federal reserve sets the reserve rate to 4 what is the resulting money multiplier?

it is 25 apex


If the Federal Reserve sets the reserve rate to 5 what is the resulting money multiplier?

100


How does the Fed serve the nation's bank?

The Federal Reserve sets monetary policies for the United States. The Federal Reserve initiates policies and practices aimed at jump starting the economy.


The federal reserve system was born out of a compromise between which two sets of interest groups?

bankers and populist


Three main functions of the federal reserve?

The Federal Reserve is the central banking system of the United States. It was created in the year 1913. It is incharge of supervising and monitoring banking operations in the United States. It sets the regulatory requirements, reserve ratios, interest rates etc that banks need to follow. Ben Bernanke is the chairman of the Federal Reserve. He has been the chairman since 2006. Before him, Alan Greenspan was the chairman of the Federal Reserve. The Government of the United States owns the Federal Reserve.


If the federal reserve sets the reserve rate to 5.5 the resulting money multiplier is rounded to two decimal places?

20 wrong! its 50-apex 100 % sure:)


What are the means by which the Federal Reserve System effects the Discount Rate?

The FOMC sets targets for the Discount Rate. By trading securities, the Federal Reserve Bank of New York, it affects the Federal Funds Rate which is the interest rate by which banks lend to each other overnight.


What is the goal of the US Federal Reserve System?

The US Federal Reserve System sets the nation's monetary policy to promote the objectives of maximum employment, stable prices, and moderate long-term interest rates. The statutory goals of maximum employment and stable prices are easier to achieve if the public understands those goals and believes that the Federal Reserve will take effective measure to achieve them.