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Monitoring activities and making corrections refer to
Fed
Short for the Federal Reserve, it is the central banking system of the United States, responsible for monetary policy.
Vague Recommendations
Suggestions or advice provided without specific details, making them unclear or ambiguous in nature.
Goals
Targets or desired outcomes that an individual or organization aims to achieve through planned actions.
Monetary Policy Rule
Guidelines used by central banks to manage the economy by controlling the money supply and interest rates.
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