Inflation targeting,typically,has been accompanied by lower inflation.

Question

Quizplus · Accepted Answer

Inflation targeting is a monetary policy strategy where a central bank sets a target inflation rate and adjusts its policy tools such as interest rates to achieve that target. It has been observed that countries that have adopted inflation targeting have experienced lower inflation rates compared to non-inflation targeting countries. Therefore, the statement is true.

Inflation Targeting,typically,has Been Accompanied by Lower Inflation