{"id":177385,"date":"2023-10-19T22:09:21","date_gmt":"2023-10-19T16:39:21","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=177385"},"modified":"2023-10-19T22:09:21","modified_gmt":"2023-10-19T16:39:21","slug":"no-precision-in-understanding-monetary-policy-lags-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/no-precision-in-understanding-monetary-policy-lags-crypto-news\/","title":{"rendered":"No precision in understanding monetary policy lags &#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>Jerome <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/news\/powell-speech-preview-fed-chairman-to-speak-on-policy-outlook-202310191009\">Powell<\/a>, Chairman of the Federal Reserve (Fed), speaks on the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/rates-charts\/forecast\">economic outlook<\/a> and policy before the Economic Club of New York.<\/p>\n<h2 class=\"fxs_headline_medium\">Key quotes<\/h2>\n<p>&#8220;Economy is very resilient, growing strongly.&#8221;<\/p>\n<p>&#8220;Growth is running above the longer-run trend, that is a surprise.&#8221;<\/p>\n<p>&#8220;Economy is a story of stronger demand.&#8221;<\/p>\n<p>&#8220;May be ways economy is less affected by interest rates.&#8221;<\/p>\n<p>&#8220;Interest sensitive spending is showing impact of Fed policy.&#8221;<\/p>\n<p>&#8220;We see policy working through usual channels.&#8221;<\/p>\n<p>&#8220;I don&#8217;t think there&#8217;s a fundamental shift in how rates affect economy.&#8221;<\/p>\n<p>&#8220;The fact is that we have a strong economy and job market, these are elements we want to see.&#8221;<\/p>\n<p>&#8220;No precision in understanding monetary policy lags.&#8221;<\/p>\n<p>&#8220;Markets have been front running Fed policy changes.&#8221;<\/p>\n<p>&#8220;Household savings are higher, spending has been higher.&#8221;<\/p>\n<p>&#8220;We should be seeing effects of monetary policy arriving.&#8221;<\/p>\n<p>&#8220;Fed has slowed on rates to give policy time to work.&#8221;<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: Jerome Powell, Chairman of the Federal Reserve (Fed), speaks on the economic outlook and policy before the Economic Club of New York. Key quotes &#8220;Economy is very resilient, growing strongly.&#8221; &#8220;Growth is running above the longer-run trend, that is a surprise.&#8221; &#8220;Economy is a story of stronger demand.&#8221; &#8220;May be ways economy is less [&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":[201,248,386,251,246,257,366,255,250,252,247,253,249,256,254],"class_list":["post-177385","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\/177385","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=177385"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/177385\/revisions"}],"predecessor-version":[{"id":177386,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/177385\/revisions\/177386"}],"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=177385"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=177385"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=177385"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}