What is the Federal Reserve's primary goal in raising interest rates?
Powell: Another Unusually Large Hike Depends on Data

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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To decrease unemployment
To boost the housing market
To stabilize prices and control inflation
To increase consumer spending
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which sector has shown signs of weakening due to higher mortgage rates?
Housing
Healthcare
Manufacturing
Technology
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the 12-month change in the Consumer Price Index in June?
9.1%
6.3%
5.9%
4.7%
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the Federal Reserve's target inflation rate?
3%
5%
2%
4%
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the Federal Reserve looking for in the coming months to adjust their policy?
Increased consumer spending
Compelling evidence of inflation decreasing
Higher employment rates
Stronger housing market
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is it important for the Federal Reserve to be flexible in its monetary policy?
To keep interest rates low
To ensure rapid economic growth
To quickly respond to unexpected economic changes
To maintain high employment rates
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What might be a necessary outcome to restore price stability according to the Federal Reserve?
Rapid job creation
Increased consumer spending
Below trend economic growth
Higher inflation rates
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