What was the outcome of the Federal Reserve's policy meeting on September 21st?
FOMC Minutes Reveal a Much More Divided Fed

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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
The benchmark rate was kept unchanged.
The benchmark rate was abolished.
The benchmark rate was decreased by 1/4 point.
The benchmark rate was increased by 1/4 point.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main concern of those who wanted to raise rates at the last meeting?
The labor market is too loose.
The labor market is too tight, risking inflation.
The labor market is irrelevant to rate decisions.
The labor market is perfectly balanced.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What argument supports keeping rates low according to New York Fed President Bill Dudley?
It will draw more people into the workforce.
It will increase inflation.
It will decrease unemployment permanently.
It will stabilize the stock market.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What concern is raised about the Fed's credibility?
The Fed's low rates are causing economic issues.
The Fed's decisions are inconsistent.
The Fed is not transparent enough.
The Fed is too transparent.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is a rate hike before the federal election considered unlikely?
The labor market is irrelevant to the decision.
The labor market showed a big jump in participation.
The labor market is stable.
The labor market is shrinking.
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