Which of the following characterizes intermediate targeting by central banks?
A) the Federal Reserve targets short term interest rates
B) the European Central Bank targets exchange rates
C) the Bank of England targets inflation
D) increasingly, central banks are exclusively targeting the money supply
E) increasingly, central banks are abandoning the use of explicit targets

Question

Quizplus · Accepted Answer

The Answer of Which of the following characterizes intermediate targeting by central banks?
A) the Federal Reserve targets short term interest rates
B) the European Central Bank targets exchange rates
C) the Bank of England targets inflation
D) increasingly, central banks are exclusively targeting the money supply
E) increasingly, central banks are abandoning the use of explicit targets

Which of the Following Characterizes Intermediate Targeting by Central Banks