Chapter 15 - Assignment 3: Establishing Federal Reserve Inflation Goals
Chapter 15 - Assignment 3: Establishing Federal Reserve Inflation Goals
Read the Joint Economic Comittee's study entitled:
Establishing Federal Reserve Inflation
Goals.
- What are the current goals of the Fed?
- What is the proposed target of monetary policy?
- What reasons are offered for using this goal?
- If the Fed actively pursued this target, would its policy be more "credible" than it has been in the past?
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