If inflation and unemployment are of direct concern to Fed officials,why do they make such a big issue about money growth and interest rates? Why don't they just target the unemployment rate and the inflation rate directly? Explain.

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The Answer of If inflation and unemployment are of direct concern to Fed officials,why do they make such a big issue about money growth and interest rates? Why don't they just target the unemployment rate and the inflation rate directly? Explain.

If Inflation and Unemployment Are of Direct Concern to Fed