Central banks in some countries now target ____, instead of money growth rates.
A) interest rates
B) inflation rates
C) bond prices
D) foreign exchange rates
E) unemployment rates

Question

Quizplus · Accepted Answer

In recent years, several central banks including the US Federal Reserve, European Central Bank, and Bank of Japan have shifted their focus from targeting money growth rates to targeting inflation rates. They use monetary policy tools such as setting interest rates and purchasing government bonds to regulate inflation and keep it in line with their targets.

Central Banks in Some Countries Now Target ____, Instead of Money