Federal Reserve To Keep Rates Near Zero Even If Inflation Rises
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Business
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the Federal Reserve's plan regarding interest rates if inflation rises above the 2% target?
Raise interest rates gradually
Increase interest rates immediately
Keep interest rates near zero
Stop monitoring inflation
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does Chairman Jerome Powell describe the Fed's new approach to inflation?
Completely unpredictable
More flexible
Rigid and unchangeable
Strict and conservative
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the Fed's new approach allow them to do if inflation spikes?
Permanently lower interest rates
Ignore the inflation spike
Make necessary adjustments
Increase taxes
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What has been the recent trend in the inflation rate according to the transcript?
Highly volatile
Stubbornly low
Completely stable
Rapidly increasing
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What could the Fed's strategy change mean for borrowing rates?
Immediate increase in borrowing rates
No change in borrowing rates
Years of ultra low borrowing rates
Higher borrowing rates
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