{"id":124691,"date":"2023-07-19T19:23:09","date_gmt":"2023-07-19T19:23:09","guid":{"rendered":"https:\/\/dripp.zone\/news\/inflation-is-falling-more-tightening-could-hurt-economy-crypto-news\/"},"modified":"2023-07-19T19:23:10","modified_gmt":"2023-07-19T19:23:10","slug":"inflation-is-falling-more-tightening-could-hurt-economy-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/inflation-is-falling-more-tightening-could-hurt-economy-crypto-news\/","title":{"rendered":"Inflation is falling, more tightening could hurt economy\n &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>\n                        <span class=\"fxs_socialmedia_bar_share_label\">Share:<\/span><\/p>\n<p>European Central Bank Governing Council member Yannis Stournaras told CGTN Europe on Wednesday that he wasn&#8217;t sure whether the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/macroeconomics\/central-banks\/ecb\">ECB<\/a> would hike rates again after a 25 bps increase next week, per Reuters.<\/p>\n<p>&#8220;We might have one further move next week of 25 basis points, but I&#8217;m not sure that we&#8217;re going to go further than that,&#8221; Stournaras said and further explained:<\/p>\n<p>&#8220;The argument that inflation is falling and we have found out that we are at the optimal point that further increases of interest rates might damage the economy.&#8221;<\/p>\n<h2 class=\"fxs_headline_medium\">Market response<\/h2>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/currencies\/eurusd\">EUR\/USD<\/a> stays under modest bearish pressure following these comments and was last seen losing 0.38% on the day at 1.1183.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: European Central Bank Governing Council member Yannis Stournaras told CGTN Europe on Wednesday that he wasn&#8217;t sure whether the ECB would hike rates again after a 25 bps increase next week, per Reuters. &#8220;We might have one further move next week of 25 basis points, but I&#8217;m not sure that we&#8217;re going to go [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":58710,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,4819,251,246,257,825,255,250,252,247,253,249,256,254],"class_list":["post-124691","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-central-banks","tag-chainlink","tag-coin","tag-cryptocurrency","tag-ecb","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/124691","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=124691"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/124691\/revisions"}],"predecessor-version":[{"id":124692,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/124691\/revisions\/124692"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/58710"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=124691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=124691"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=124691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}