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.
1Who projected that Democrats will control both chambers of Congress?
AP's projections are the standard reference for US election calls; a few races were still being counted.
2Why did a 12% fall in chip stocks drag down the whole US market?
Concentration: when everyone owns the same winners, selling spreads fast and index funds sell the rest too.
3Which central bank raised rates to 4% on 5 November?
Its first rise since 2023, by 8 votes to 1, with inflation expected to reach about 5% by mid-2027.
4Brent fell 7.6% on 2 November with no extra oil. What fell?
The extra price traders pay for fear of losing supply; hopes for US–Iran talks removed much of it.
5Why will Tuesday's US inflation report have no annual rate?
An annual rate needs the same month a year earlier; without it, only monthly changes can be shown.
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