Civil Services Uttarakhand Combined State Civil/Upper Subordinate Services Examination 2025 Current Affairs Business and Economy
The US Federal Reserve recently took a hawkish stance on interest rates. What does this refer to?
1
Limiting rate cuts or increasing interest rates to control inflation.
2
Lowering interest rates to encourage borrowing and economic growth.
3
Maintaining interest rates at the current level despite inflationary pressures.
4
Announcing complete deregulation of interest rates to allow market determination.