Questions and Answers
When was the last time the Federal Reserve froze the interest rate?
Last spring
What was the interest rate set by the Federal Reserve during its meeting in May?
5.25 percent
What are the reasons mentioned in the text that led the governors of the Central Bank to stop raising the interest rate?
Declining inflation, encouraging job rates, and economic recovery
What is the duration of the unprecedented inflation mentioned in the text?
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What did the Federal Reserve decide to do regarding deposit insurance?
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