NO.PZ2021052601000011
问题如下:
When the spread between 10-year US Treasury yields and the federal funds rate narrows and at the same time the prime rate stays unchanged, this mix of indicators most likely forecasts future economic:
选项:
A.growth. B.decline. C.stability.解释:
B is correct. The narrowing spread of this leading indicator foretells a drop in short-term rates and a fall in economic activity. The prime rate is a lagging indicator and typically moves after the economy turns.
该领先指标差距的缩小预示着短期利率的下降和经济活动的下降。优惠利率是一个滞后指标,通常在经济好转后才会变动。
federal funds rate是指短期利率吗