The type of monetary policy regime that the Federal Reserve has been following in recent years can best be described as
A) monetary targeting.
B) inflation targeting.
C) policy with an implicit nominal anchor.
D) exchange-rate targeting.
Answer: C
The type of monetary policy regime that the Federal Reserve has been following in recent years can best be described as
A) monetary targeting.
B) inflation targeting.
C) policy with an implicit nominal anchor.
D) exchange-rate targeting.
Answer: C