What is the main goal mentioned in the first section regarding inflation?
BOE Governor Bailey: Too Soon to Talk About Rate Cuts

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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To maintain inflation at 3%
To reduce inflation to 2%
To increase inflation to 5%
To eliminate inflation completely
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is it considered premature to discuss reducing interest rates according to the second section?
Because interest rates are already too low
Because inflation is already at the target
Because the economy is in recession
Because the job of reducing inflation is not yet complete
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the speaker's view on the effectiveness of past policies in the third section?
They have had no impact
They have worsened the situation
They are irrelevant to current issues
They are beginning to show positive effects
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What potential risk is highlighted in the third section regarding the oil market?
An increase in oil production
A repeat of the 1970s oil shock
A decrease in oil prices
A stable oil market
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the speaker's stance on celebrating the recent positive news about inflation?
Celebration should be cautious
Celebration is encouraged by the IMF
There is no reason to celebrate
It is time to celebrate
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