Monetary targeting keeps M1 and M2 on a steady path.

Name: Monetary targeting keeps M1 and M2 on a steady path.
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Monetary targeting is a monetary policy strategy that focuses on controlling the growth rate of a specific monetary aggregate, such as M1 or M2. The goal of monetary targeting is to keep the monetary aggregate on a steady path, which is believed to promote price stability and economic growth.

Monetary Targeting Keeps M1 and M2 on a Steady Path