- CFA Exams
- CFA Level I Exam
- Topic 2. Economics
- Learning Module 12. Monetary and Fiscal Policy
- Subject 5. Monetary Targeting Rules
CFA Practice Question
One of the crucial ingredients for an effective central bank to implement inflation targeting is ______.
A. consistency
B. continuity
C. transparency
Explanation: The other two crucial ingredients are independence and credibility.
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