Under which chair did the Fed implement the policy of inflation targeting?
A) Volcker
B) Bernanke
C) Greenspan
D) Geithner

Question

Quizplus · Accepted Answer

The Fed implemented the policy of inflation targeting under the chairmanship of Ben Bernanke, who served as the chairman from 2006 to 2014. The policy aims to maintain a target level of inflation, usually around 2%, as a way to anchor inflation expectations and help support economic growth. Neither Volcker nor Greenspan implemented inflation targeting during their tenures, and Geithner did not serve as the chair of the Fed, but rather as the head of the New York Federal Reserve Bank.

Under Which Chair Did the Fed Implement the Policy of Inflation