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Current Affairs Medium PPSC Uploaded: 04 Oct 2026

Which country's central bank, the Federal Reserve, closely influences global interest rate trends followed by economies like Pakistan?

  • A United Kingdom
  • B Japan
  • C European Union
  • D United States
Correct Answer: Option D — United States
Explanation:
The US Federal Reserve's monetary policy decisions continue to significantly influence global capital flows and borrowing costs, indirectly affecting emerging markets like Pakistan through 2026.
Submitted by: PaperMCQs
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