Over the last few decades, central bankers have:

Question

Quizplus · Accepted Answer

In recent years, central bankers have mostly abandoned intermediate targets, such as targeting a specific level of money supply or exchange rate, in favor of more flexible inflation targeting policies. This shift is partly due to the difficulty of accurately measuring and controlling these intermediate targets, as well as a growing recognition that a focus on inflation can lead to more stable and predictable economic outcomes.

Over the Last Few Decades, Central Bankers Have