A former Fed Chair Ben Bernanke had been more precise than other Chairs, suggesting a core inflation rate of ________ per year as being the 'equivalent' to price stability.
A) 0 to 1 percent
B) 0 to 2 percent
C) 1 to 2 percent
D) 1 to 4 percent

Question

Quizplus · Accepted Answer

Ben Bernanke suggested that a core inflation rate of 1 to 2 percent per year is consistent with price stability, aligning with the Federal Reserve's long-term goal.

A Former Fed Chair Ben Bernanke Had Been More Precise