Fed's Powell Sees Gradual Rate Hikes as Best Path 'For Now'

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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the primary goals of the Federal Reserve's monetary policy?
Maximum employment and price stability
Stable currency exchange rates
High interest rates and low inflation
Increased government spending and reduced taxes
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How has the job market changed since February?
It has weakened significantly
It has remained stable
It has continued to strengthen
It has fluctuated unpredictably
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the inflation rate in the most recent data?
Above 3%
A little above 2%
Around 1.5%
Below 1%
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which factor has contributed to the recent increase in inflation?
Stability in housing market
Reduction in government spending
Increase in gasoline and energy prices
Decrease in consumer spending
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the Federal Reserve's target range for the federal funds rate as of the latest meetings?
1% to 1.5%
2% to 2.5%
1.5% to 2%
1.75% to 2%
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the Federal Reserve's principal tool for maintaining the federal funds rate?
Increasing government bonds
Issuing new currency
Payment of interest on bank balances
Reducing tax rates
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the Federal Reserve consider when deciding on monetary policy?
A wide range of relevant information
Only unemployment rates
Public opinion polls
Only inflation rates
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