Which of the following central banks does not have an explicit inflation target?
A) the Bank of England
B) the Federal Reserve
C) the Swiss National Bank
D) the European Central Bank
E) the Reserve Bank of India

Question

Quizplus · Accepted Answer

The Federal Reserve does not have an explicit inflation target; it has a dual mandate to promote maximum employment and stable prices, but it does not specify a numerical inflation target like some other central banks.

Which of the Following Central Banks Does Not Have an Explicit