PTE Listening

Multiple Choice, Single Answer

1 questions. Answer them all, then submit once for your section score.

Pearson Test of English — TestDayTwin Practice

1 of 1Time Remaining00:06:00

Listen to the recording and answer the question.

According to the economics lecturer, why did the central bank's interest rate increase fail to slow inflation as quickly as expected?

Consumers had stockpiled goods in anticipation of the rate riseThe interest rate increase itself was too small to matterMany businesses were still under fixed-rate contracts signed earlierThe central bank reversed its decision shortly after announcing it