During the 1990s many countries developed a monetary policy framework that focused on inflation targeting. This is an example of policymakers: ?

Question

During the 1990s many countries developed a monetary policy framework that focused on inflation targeting. This is an example of policymakers: ?

Quizplus · Accepted Answer

Inflation targeting involves policymakers focusing directly on achieving a specific inflation rate, which is the final objective. This is different from focusing on an intermediate target that will effectively result in the final objective (A and D) or focusing on multiple numerical targets (C).

During the 1990s Many Countries Developed a Monetary Policy Framework