target range

Language: en

📖 Definitions

  1. A specified interval or set of values that a central bank or financial institution aims to achieve for a particular economic indicator, such as interest rates or inflation.; A designated area or zone within which a projectile, object, or person is expected to land or operate, often used in military, sports, or technical contexts.; A specific scope or extent of objectives defined for a project, campaign, or analytical study.

💬 Examples

  1. The Federal Reserve announced that it would maintain the target range for the federal funds rate at 5.25%-5.50%.

  2. The missile guidance system was calibrated to ensure the warhead landed within the designated target range.

  3. The marketing team adjusted the target range to focus on young professionals aged 25 to 34.