The statement that "The Federal Reserve will lower the federal funds rate for the fourth time this year" suggests that the Federal Reserve is most likely trying to stimulate the economy. Lowering interest rates typically encourages borrowing and spending by consumers and businesses, which can help boost economic activity.
A television report states: "The Federal Reserve will lower the federal funds rate for the fourth time this year." This report indicates that the Federal Reserve is most likely trying to
Multiple Choice
reduce inflation.
save the banking industry.
stimulate the economy.
improve the savings rate.
1 answer