Fed Leaves Benchmark Interest Rate Unchanged

Fed Leaves Benchmark Interest Rate Unchanged

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The Federal Reserve has maintained its current interest rates and forward guidance, with no reference to Chairman Powell's previous testimony on gradual rate moves. The economic assessment has seen minor changes, with the economy now described as strong and inflation near the 2% target. The decision to keep rates unchanged was unanimous, with some changes in the voting members. No new guidance on trade, taxes, tariffs, or inflation was provided, and the risks to the economic outlook are considered balanced.

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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 interest rates?

They kept the rates unchanged.

They decreased the rates.

They increased the rates.

They eliminated the rates.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the Federal Reserve describe the economy in the latest statement?

Strong

Solid

Uncertain

Weak

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the current status of unemployment according to the Federal Reserve?

It is unpredictable.

It remains low.

It has decreased significantly.

It has increased significantly.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who took over the San Francisco voting slot in the Federal Reserve's rotation?

John Williams

Jerome Powell

Esther George

Janet Yellen

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the Federal Reserve's current stance on economic risks?

Risks are increasing.

Risks are unknown.

Risks are decreasing.

Risks are roughly balanced.