Operational Target

Operational Target,

Operational Target means,

An operational target is an economic term used to describe the half-yearly statement of the chairman of the Federal Reserve Board (FRB) to Congress on fiscal policy expectations. The Fed chief's statement discusses the current money supply in terms of the impact of non-financial assets and the daily use of monetary policy. This practice has existed since the Full Employment and Balanced Growth Act of 1978.

Literal Meanings of Operational Target

Operational:

Meanings of Operational:
  1. Pre-installed or ready for use.

Sentences of Operational
  1. New fully functional lab

Synonyms of Operational

working, operative, running, in use, going, functioning, up and running, in action, in operation

Target:

Meanings of Target:
  1. Choose it as the focus or target of the ■■■■■■.

  2. The selected person, object or location as the target.

  3. Small round shield or shield.

Sentences of Target
  1. The assailant attacked two people

  2. The airport terminal was bombed

  3. An army led by Gonzalo de Cordoba defeated the Lucian-Habsburg formation in the Italian War.

Synonyms of Target

single out, bag, target, pick out, fix on, buckler, choose, decide on, kill, quarry, select, prey, earmark, game