What is an intermediate target? Why does the Fed use intermediate targets instead of focusing on the
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What is an intermediate target? Why does the Fed use intermediate targets instead of focusing on the ultimate targets? What is an operating target?
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In the context of monetary policy central banks often use a framework that involves setting intermediate targets as a means to achieve their ultimate ...View the full answer
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Related Book For
Financial System Of The Economy Principles Of Money And Banking
ISBN: 9780765622464
5th Edition
Authors: Maureen Burton,Bruce Brown
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