If the united states adopted inflation targeting how might


In 2005, when President Bush announced Ben Bernanke's appointment as Fed chair, the Dow Jones stock index jumped by more than 1 percent in a few minutes.

a. Why do you think that happened?

b. If the United States adopted inflation targeting, how might that affect the reaction of the stock market to Fed appointments? Explain.

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: If the united states adopted inflation targeting how might
Reference No:- TGS01605530

Expected delivery within 24 Hours