Multiple choice

As reported in the major financial newspapers the Federal Reserve has made certain changes/ corrections in its base federal funds rates. This act of the Federal Reserve will bring an effect directly and immediately on the banks located in

  1. Russia

  2. USA

  3. Japan

  4. China

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The Federal Reserve is the central bank of the United States. Changes to the federal funds rate directly impact the banking system within the USA.