Interestingly, in recent years, many central banks have adopted inflation, despite certain problems in measurement, as a key intermediate variable.

Question

Quizplus · Accepted Answer

In recent years, many central banks have indeed adopted inflation as a key intermediate variable, despite some measurement problems associated with it. Inflation is considered an important indicator of the state of the economy, and central banks often use it as a target for monetary policy.

Interestingly, in Recent Years, Many Central Banks Have Adopted Inflation