The Federal Reserve's performance in the mid-to-late 1980s,1990s,and early 2000s has received high marks from economists,even without inflation targeting.

Question

Quizplus · Accepted Answer

The statement is true. The Federal Reserve's performance during this time period was generally praised for its management of inflation and monetary policy, even though it did not officially adopt inflation targeting as a policy framework.

The Federal Reserve's Performance in the Mid-To-Late 1980s,1990s,and Early 2000s