What factors have influenced the change in the path of interest rates over the past year?
Fed's Powell Says Policy Is in a Good Place and Likely to Remain Appropriate

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Increased consumer spending
Strong domestic growth
High inflation rates
Weakness in global growth and trade developments
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How much was the federal funds rate reduced in both July and September?
1/2 percentage point
1/4 percentage point
3/4 percentage point
1 percentage point
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the current range for the federal funds rate after the recent adjustments?
2.5% to 3%
1.5% to 1.75%
1% to 1.5%
2% to 2.5%
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the expected impact of the policy adjustments on the economy?
Effects realized over time
No impact on the job market
Immediate effects on economic growth
Decrease in inflation immediately
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the stance of monetary policy regarding future developments?
Policy will change only if inflation rises
Policy will remain the same regardless of economic changes
Policy is fixed and unchangeable
Policy is flexible and will respond to new developments
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