{"id":164867,"date":"2023-09-29T05:14:01","date_gmt":"2023-09-28T23:44:01","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=164867"},"modified":"2023-09-29T05:14:01","modified_gmt":"2023-09-28T23:44:01","slug":"fomc-has-time-to-see-data-before-deciding-whats-next-for-rates-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/fomc-has-time-to-see-data-before-deciding-whats-next-for-rates-crypto-news\/","title":{"rendered":"FOMC has time to see data before deciding what\u2019s next for rates &#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 Richmond President Thomas Barkin stated earlier on Friday that the Fed holding steady at the September FOMC meeting was appropriate<\/p>\n<h2 class=\"fxs_headline_medium\"><strong>Key quotes<\/strong><\/h2>\n<blockquote>\n<p>\u201cFed holding steady at the September FOMC meeting was appropriate\u201d<\/p>\n<p>\u201cFed has time to see data before deciding what\u2019s next for rates\u201d<\/p>\n<p>\u201cThe path forward depends on what happens with inflation\u201d<\/p>\n<p>\u201cWill be watching the job market closely for clues\u201d<\/p>\n<p>\u201cCautions against reading too much into Federal Reserve forecasts\u201d<\/p>\n<p>\u201cThe job market has remained very healthy\u201d<\/p>\n<p>\u201cNot sure how the economy will perform over coming months\u201d<\/p>\n<p>\u201cThere is still a lot of uncertainty about how the Fed&#8217;s balance sheet influences the economy\u201d<\/p>\n<\/blockquote>\n<h2 class=\"fxs_headline_medium\"><strong>Market reaction<\/strong><\/h2>\n<p>The US Dollar stays on the back foot after this comment, As of writing, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/currencies\/us-dollar-index\">the US Dollar Index<\/a> was unchanged on the day at 106.14.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: Federal Reserve Bank of Richmond President Thomas Barkin stated earlier on Friday that the Fed holding steady at the September FOMC meeting was appropriate Key quotes \u201cFed holding steady at the September FOMC meeting was appropriate\u201d \u201cFed has time to see data before deciding what\u2019s next for rates\u201d \u201cThe path forward depends on what [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":16101,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,366,255,250,333,252,247,253,249,334,256,254],"class_list":["post-164867","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-fed","tag-gta","tag-looks-rare","tag-macroeconomics","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-unitedstates","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/164867","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=164867"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/164867\/revisions"}],"predecessor-version":[{"id":164868,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/164867\/revisions\/164868"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/16101"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=164867"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=164867"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=164867"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}