Most central banks have abandoned the ________________ as a target, preferring to target the
______________.

Name: Most central banks have abandoned the ________________ as a target, preferring to target the ______________.
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Question

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Central banks have largely moved away from targeting the money supply due to its unpredictability and the challenges of controlling it directly. Instead, they focus on targeting the inflation rate, which is more directly related to their goal of maintaining price stability.

Most Central Banks Have Abandoned the ________________ as a Target