The FOMC finally moved to ________ on January 25,2012,when it issued its "Statement on Long-Run Goals and Monetary Policy Strategy."
A)inflation targeting
B)zero inflation policy
C)"just do it" policy
D)monetary targeting

Question

Quizplus · Accepted Answer

The statement issued by the FOMC on January 25, 2012, clearly indicates that they have moved towards implementing an inflation targeting policy. The statement outlines the FOMC's long-term goals for inflation and employment, stating that they aim to maintain long-term inflation expectations at a rate of 2% while also striving to promote maximum employment.

The FOMC Finally Moved to ________ on January 25,2012,when It