Federal Reserve Leaves Interest Rates Unchanged

Federal Reserve Leaves Interest Rates Unchanged

Assessment

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Business, Social Studies

University

Hard

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The Fed's recent meeting resulted in no changes to their policy or economic assessment, maintaining interest rates between 0.5% and 0.75%. Consumer and business sentiment have improved, and the Fed expects inflation to rise to 2%, dropping previous references to low energy prices. The Fed's long-term goals remain unchanged, focusing on inflation and employment. Janet Yellen is expected to continue as chair. The Fed's language on inflation has shifted, reflecting rising energy prices but without altering policy timelines.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What decision did the Federal Reserve make regarding their target rate in the recent meeting?

They decreased the target rate.

They increased the target rate.

They eliminated the target rate.

They left the target rate unchanged.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the Federal Reserve's statement describe recent job gains?

Job gains are expected to decline.

Job gains remained solid.

Job gains have been solid.

Job gains have been weak.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What change did the Federal Reserve make regarding their statement on inflation?

They increased the inflation target to 3%.

They stated inflation will never reach 2%.

They removed the mention of energy prices affecting inflation.

They added a new target for inflation.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What remained unchanged in the Fed's annual statement on long-term goals?

The target rate for interest.

The assessment of consumer sentiment.

The policy on reinvesting payments.

The goal of mitigating deviations of inflation from 2%.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What change in language did the Fed make regarding inflation expectations?

Inflation will rise to 2%.

Inflation is expected to fall below 2%.

Inflation is expected to remain constant.

Inflation will decrease to 1%.