As of 2006, which of the following central banks has formally adopted inflation targeting as its strategy for monetary policy?
A)Fed
B)ECB
C)Bank of Japan
D)Bank of England

Question

Quizplus · Accepted Answer

The Bank of England formally adopted inflation targeting as its strategy for monetary policy in 1992. As of 2006, the Fed did not have a formal inflation targeting policy, while the ECB and Bank of Japan did not have a sole focus on inflation targeting as their primary monetary policy strategy.

As of 2006, Which of the Following Central Banks Has