[单项选择]Much of the language used to describe monetary policy, such as" steering the economy to a soft landing" or" a touch on the brakes", makes it sound Like a precise science. Nothing could be further from the truth. The link between interest rates and inflation is uncertain. And there are long, variable lags before policy changes have any effect on the economy. Hence the analogy that likens the conduct of monetary policy to driving a car with a blackened windscreen, a cracked rear-view mirror and a faulty steering wheel. 　　Given all these disadvantages, central bankers seem to have had much to boast about of late. Average inflation in the big seven industrial economies fell to a mere 2.3% last year, close to its lowest level in 30 years, before rising slightly to 2.5% this July. This is a long way below the double-digit rates which many countries experienced in the 1970s and early 1980s. 　　It is also less than most forecasters had predicted. In late 1994 the panel of economists which The
A. there is a definite relationship between inflation and interest rates
B. economy will always follow certain models
C. the economic situation is better than expected
D. economists had foreseen the present economic situation

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