{"id":238697,"date":"2024-01-31T05:55:47","date_gmt":"2024-01-31T00:25:47","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=238697"},"modified":"2024-01-31T05:55:47","modified_gmt":"2024-01-31T00:25:47","slug":"we-are-not-there-yet-on-rate-cuts-need-more-data-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/we-are-not-there-yet-on-rate-cuts-need-more-data-crypto-news\/","title":{"rendered":"We are not there yet on rate cuts, need more data &#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 (ECB) President Christine spoke with CNN on Tuesday. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/macroeconomics\/central-banks\/ecb\">Lagarde<\/a> did not provide a timeline for interest rate cuts, but emphasised that wage data would be crucial in determining when to start monetary easing.\u00a0<\/p>\n<h2 class=\"fxs_headline_medium\"><strong>Key quotes<\/strong><\/h2>\n<blockquote>\n<p>\u201cWe need to be further into the disinflationary process before cutting rates.\u201d<\/p>\n<p>\u201cThe next move will be a cut.\u201d<\/p>\n<p>\u201cWage data is critically important.\u201d<\/p>\n<\/blockquote>\n<h2 class=\"fxs_headline_medium\"><strong>Market reaction<\/strong><\/h2>\n<p>At the time of writing, the\u00a0EUR\/USD pair\u00a0is trading higher at 1.0845, adding 0.01% on the day.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: European Central Bank (ECB) President Christine spoke with CNN on Tuesday. Lagarde did not provide a timeline for interest rate cuts, but emphasised that wage data would be crucial in determining when to start monetary easing.\u00a0 Key quotes \u201cWe need to be further into the disinflationary process before cutting rates.\u201d \u201cThe next move will [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":11187,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,825,841,255,684,250,333,252,247,253,249,256,254],"class_list":["post-238697","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-ecb","tag-eurozone","tag-gta","tag-interestrate","tag-looks-rare","tag-macroeconomics","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\/238697","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=238697"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/238697\/revisions"}],"predecessor-version":[{"id":238698,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/238697\/revisions\/238698"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/11187"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=238697"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=238697"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=238697"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}