Which of the following inflation rates do policymakers view as consistent with the Federal Reserve's mandate to achieve stable prices?
A) 2%
B) 0%
C) -2%
D) 5%

Question

Quizplus · Accepted Answer

The Federal Reserve considers an inflation rate of 2% as consistent with its mandate for price stability. This target is believed to support the conditions for maximum employment and moderate long-term interest rates.

Which of the Following Inflation Rates Do Policymakers View as Consistent