Econ-2

"Because the public can see whether a central bank hits its monetary targets
almost immediately, whereas it takes time before the public can see whether an
inflation target is achieved, monetary targeting makes central banks more
accountable than inflation targeting does." Do you agree or disagree with this
statement? What are the benefits of a central bank announcing a specific target?
Does this lead to better expectations that are set in the market?

250 words cite within . Due by today 5/15/14 at 10pm eastern time.