How can Mpc keep cpi within the target – InterviewSolution

1.	How can Mpc keep cpi within the target
Answer» The MPC conducts monetary policy to KEEP INFLATION within a target range of 3–6%. This inflation-targeting framework is FLEXIBLE, meaning that inflation may be temporarily OUTSIDE the target range, under certain CIRCUMSTANCES. The MPC takes into account the time lags between policy adjustments and economic effects.Explanation:

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