During the 1990s many countries developed a monetary policy framework that focused on inflation targeting.This is an example of policymakers:

Question

Quizplus · Accepted Answer

Inflation targeting involves bypassing intermediate targets and focusing directly on the objective of achieving a low and stable rate of inflation. This framework involves setting a numerical target for inflation and adjusting interest rates to steer inflation towards the target.

During the 1990s Many Countries Developed a Monetary Policy Framework