CFA Practice Question

There are 341 practice questions for this study session.

CFA Practice Question

Which country's central bank does not have an explicit inflation target?
A. Japan
B. The United Kingdom
C. The United States
Explanation: The Bank of Japan doesn't have a formal inflation target.

User Contributed Comments 8

User Comment
Benloper Didn't Janet Yellen set an inflation target in January?
bidisha I know right, I was thinking the same.
Shaan23 Who is Yellen? Does she have her CFA?
jnptrsn1 She has the blessings of the illuminati. No cfa though.
farhan92 ^LOOOOL. Does the Illuminti charge ayearly membership fee -.-
houstcarr US does have an explicit inflation target. 2%
kjw88 BoJ does have an inflation target, 2%, which it will never get to at this rate. This is confirmed on the BoJ website.
will080912 I think it is because Japan suffer from deflation.
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