{"id":264773,"date":"2024-03-14T13:30:55","date_gmt":"2024-03-14T08:00:55","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=264773"},"modified":"2024-03-14T13:30:55","modified_gmt":"2024-03-14T08:00:55","slug":"we-need-to-start-cutting-interest-rates-soon-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/we-need-to-start-cutting-interest-rates-soon-crypto-news\/","title":{"rendered":"We need to start cutting interest rates soon &#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) Governing Council member Yannis Stournaras said on Thursday that the ECB needs to start lowering key rates soon and added that he doesn&#8217;t &#8220;buy the argument&#8221;that the ECB can not cut rates before the Federal Reserve, as reported by Bloomberg.<\/p>\n<p>Stournaras added that monetary policy not become too restrictive and argued for two rate cuts before the summer break.<\/p>\n<h2 class=\"fxs_headline_medium\">Market reaction<\/h2>\n<p>EUR\/USD came under modest bearish pressure following these comments and was last seen trading at 1.0935, where it was down 0.12% on a daily basis.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: European Central Bank (ECB) Governing Council member Yannis Stournaras said on Thursday that the ECB needs to start lowering key rates soon and added that he doesn&#8217;t &#8220;buy the argument&#8221;that the ECB can not cut rates before the Federal Reserve, as reported by Bloomberg. Stournaras added that monetary policy not become too restrictive and [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":9834,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,386,251,246,257,825,255,250,252,247,253,249,256,254],"class_list":["post-264773","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-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\/264773","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=264773"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/264773\/revisions"}],"predecessor-version":[{"id":264774,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/264773\/revisions\/264774"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/9834"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=264773"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=264773"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=264773"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}