Most economists agree that the Fed should target price stability in the long run.

Question

Quizplus · Accepted Answer

Maintaining price stability is widely considered to be one of the main objectives of the Federal Reserve. This means keeping inflation in check and avoiding deflation, which can be disruptive to the economy. While the Fed also considers other factors such as employment and economic growth, most economists agree that price stability should be a key focus in the long run.

Most Economists Agree That the Fed Should Target Price Stability