Maintaining a strong dollar in international currency markets is not one of the four monetary policy goals of the Fed listed in the textbook.

Question

Quizplus · Accepted Answer

The four monetary policy goals of the Fed listed in most textbooks are: maintaining price stability, achieving full employment, promoting economic growth, and maintaining stability of financial markets and institutions. Maintaining a strong dollar is not explicitly listed as one of these goals. However, it may be indirectly related to some of these goals, such as promoting economic growth through exports or maintaining stability of financial markets by avoiding excessive currency fluctuations.

Maintaining a Strong Dollar in International Currency Markets Is Not