Federal Reserve Board Chairmen Paul Volcker,Alan Greenspan,and Ben Bernanke all have focused on which of the following as their main goal of monetary policy?

Question

Quizplus · Accepted Answer

All three Chairmen have emphasized price stability as the primary goal of monetary policy. This means keeping inflation in check and maintaining the purchasing power of the currency. While they may have also considered other factors such as employment and economic growth, price stability has been consistently emphasized as the top priority.

Federal Reserve Board Chairmen Paul Volcker,Alan Greenspan,and Ben Bernanke All