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Basic Question 1 of 6

The Fed in the U.S. uses the ______ to determine if price stability is being achieved.

A. CPI
B. Dow Jones Industrial Average
C. core CPI

User Contributed Comments 1

User Comment
houstcarr no. uses core pce
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I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach

Andrea Schildbach

Learning Outcome Statements

describe qualities of effective central banks;

contrast the use of inflation, interest rate, and exchange rate targeting by central banks;

CFA® 2024 Level I Curriculum, Volume 2, Module 12.