What has been a significant factor in requiring higher interest rates according to the first section?
Powell: We're Moving Slowly as We Approach 2% Inflation

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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Lower unemployment rates
Stronger-than-expected economic growth
Decline in housing market
Increased energy prices
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which sector has shown significant declines in core inflation as mentioned in the second section?
Goods
Education
Technology
Healthcare
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a major reason for the recent decrease in headline inflation?
Higher interest rates
Lower energy prices
Improved labor market conditions
Increased consumer spending
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the current approach to monetary policy as inflation nears the target rate?
Rapid rate increases
Slower rate adjustments
Maintaining current rates
Immediate rate cuts
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main risk mentioned in the third section as the monetary policy approaches the target inflation rate?
Over-tightening
Under-tightening
Both over-tightening and under-tightening
No significant risks
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