Brazil Hikes Key Rate in Rousseffs Inflation Fight

Brazil Hikes Key Rate in Rousseffs Inflation Fight

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The US Federal Reserve has ended its third round of bond buying, concluding the Quantitative Easing program. Investors are now focused on when the Fed will raise interest rates for the first time since 2008. The Central Bank has acquired over $3 trillion in assets, with the S&P 500 increasing by 120%. Meanwhile, Spain's economic growth slowed in the third quarter, with GDP rising by 0.5% and consumer prices falling by 0.2% in October. In Brazil, the Central Bank unexpectedly raised interest rates by 0.25% to 11.25% to combat inflation, following President Dilma Rousseff's reelection.

Read more

5 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

What significant action did the US Federal Reserve conclude recently?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the total amount of assets purchased by the Central Bank during the bond buying program?

Evaluate responses using AI:

OFF

3.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the GDP growth rate in Spain for the third quarter?

Evaluate responses using AI:

OFF

4.

OPEN ENDED QUESTION

3 mins • 1 pt

What action did Brazil's Central Bank take regarding interest rates?

Evaluate responses using AI:

OFF

5.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the inflation rate in Brazil that prompted the interest rate hike?

Evaluate responses using AI:

OFF