Did you follow the week?
Five questions on the week’s news. Each answer comes with a short explanation.
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5 quick questions
Pick an answer to see the explanation. Nothing is saved.
1How did the Federal Reserve vote on 28 October?
It held at 3.75–4%; two officials wanted a quarter-point rise, and futures still price one in December.
2US GDP grew at a 3.4% annual rate in Q3. What took 3.3 points off growth?
Imports subtract from GDP: much of the AI equipment businesses bought was made abroad.
3What did the Bank of Japan say for the first time on 30 October?
It held at 1.25%, but said its inflation goal, set in 2013, is in reach, keeping further rises in view.
4How much headroom against the UK's fiscal rules did the Budget leave?
Down from £23.6bn in March: the smaller the buffer, the less room for shocks.
5Why can Ireland's 5.5% growth lift the whole euro-area figure?
Big US tech and pharma firms record production and intellectual property in Ireland, so its GDP can jump by several percent in a quarter.
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