Fed Chair Powell Signals Smaller Rate Hikes Ahead
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Business, Social Studies
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary goal of maintaining a restrictive policy level?
To boost consumer spending
To reduce unemployment
To increase economic growth
To return inflation to 2%
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why might the ultimate level of rates need to be higher than previously thought?
Due to unexpected economic growth
Because of higher inflation expectations
To support the housing market
To align with global interest rates
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When might the pace of rate increases begin to moderate?
After inflation reaches 3%
As soon as the December meeting
In the next fiscal year
At the September meeting
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does history caution against in terms of policy?
Reducing government spending
Increasing rates too quickly
Loosening policy prematurely
Maintaining a stable policy
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is necessary to restore price stability according to the final section?
Increasing consumer spending
Holding policy at a restrictive level for some time
Immediate policy loosening
Reducing interest rates
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