The U’S Federal Reserve had recently reduced the interest rates by 150 basis points in the last few months. This was done because:

A

US was going into recession.

B

Inflation was high in countries like India and China hence a correction in economic policies by all the countries was needed:

C

Euro had become more attractive currency, hence US wanted to save dollars from further depreciation.

D

Iraq had become a very lucrative destination for foreign investment. US does not want it to happen.

E

None of these