Recent research indicates that inflation performance (low inflation) has been found to be best in countries with ________.

Question

Quizplus · Accepted Answer

Recent research has found that countries with more independent central banks tend to have lower inflation rates. This is because independent central banks are able to focus solely on maintaining price stability through measures like controlling the money supply and setting interest rates, without being influenced by political pressures.

Recent Research Indicates That Inflation Performance (Low Inflation) Has Been