Why is the governance of monetary policy the primary task of the Federal Reserve?

Explanation:

It is the Federal Reserve’s actions, as a

central bank, to achieve three goals specified by Congress: maximum

employment, stable prices, and moderate long-term interest rates in

the United States.  The Federal Reserve conducts the nation’s monetary policy by managing

the level of short-term interest rates and influencing the availability and

cost of credit in the economy. Monetary policy directly affects interest

rates; it indirectly affects stock prices, wealth, and currency exchange

rates. Through these channels, monetary policy influences spending, investment, production, employment, and inflation in the United

States. Effective monetary policy complements fiscal policy to support

economic growth

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