{"id":142393,"date":"2023-09-01T19:45:50","date_gmt":"2023-09-01T14:15:50","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=142393"},"modified":"2023-09-01T19:45:50","modified_gmt":"2023-09-01T14:15:50","slug":"could-call-for-more-rate-hikes-if-inflation-retreat-stalled-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/could-call-for-more-rate-hikes-if-inflation-retreat-stalled-crypto-news\/","title":{"rendered":"Could call for more rate hikes if inflation retreat stalled &#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><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/macroeconomics\/central-banks\/fed\">Federal Reserve Bank<\/a> of Philadelphia President Patrick Harker told Bloomberg on Friday that he doesn&#8217;t see the need now for additional rate increases but added that he could call for more hikes if inflation retreat stalled.<\/p>\n<h2 class=\"fxs_headline_medium\">Additional takeaways<\/h2>\n<p>&#8220;Should hold rates steady and see how policy affects the economy.&#8221;<\/p>\n<p>&#8220;Labor markets are cooling.&#8221;<\/p>\n<p>&#8220;Doubt rate cuts will be on the table until some point next year.&#8221;<\/p>\n<p>&#8220;We have to get inflation back to 2%.&#8221;<\/p>\n<p>&#8220;Shouldn&#8217;t change course on balance sheet rundown at this point.&#8221;<\/p>\n<h3 class=\"fxs_headline_medium\">Market reaction<\/h3>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/currencies\/us-dollar-index\">The US Dollar Index<\/a> retreated slightly from the multi-month highs after these comments and was last seen rising 0.32% on the day at 104.32.<\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: Federal Reserve Bank of Philadelphia President Patrick Harker told Bloomberg on Friday that he doesn&#8217;t see the need now for additional rate increases but added that he could call for more hikes if inflation retreat stalled. Additional takeaways &#8220;Should hold rates steady and see how policy affects the economy.&#8221; &#8220;Labor markets are cooling.&#8221; &#8220;Doubt [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":33957,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,386,251,246,257,366,255,250,252,247,253,249,256,254],"class_list":["post-142393","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-centralbanks","tag-chainlink","tag-coin","tag-cryptocurrency","tag-fed","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\/142393","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=142393"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/142393\/revisions"}],"predecessor-version":[{"id":142394,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/142393\/revisions\/142394"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/33957"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=142393"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=142393"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=142393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}