What was the market's reaction to Janet Yellen's initial comments?
Yellen Rattles Markets With Rate Talk

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Business, Social Studies
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University
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Hard
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The dollar experienced a brief rise.
Oil prices dropped dramatically.
Tech stocks rose sharply.
Gold prices increased significantly.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did the White House respond to questions about Fed independence?
They criticized Yellen's comments publicly.
They announced a new policy on inflation.
They emphasized Yellen's understanding of Fed independence.
They stated Yellen was overstepping her role.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What did Janet Yellen clarify in her afternoon interview?
She agreed with Larry Summers on the stimulus issue.
She was not predicting or recommending any specific actions.
She recommended immediate interest rate hikes.
She predicted a major economic downturn.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was Janet Yellen's stance on the stimulus causing overheating?
She agreed with Larry Summers.
She disagreed with Larry Summers.
She had no opinion on the matter.
She believed it was a minor issue.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is it unusual for a former Fed chair to comment on current Fed policy?
It is encouraged by the government.
It is against the law.
It breaks a tradition of non-interference.
It is a common practice among former chairs.
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