{"id":352952,"date":"2024-07-26T23:21:15","date_gmt":"2024-07-26T17:51:15","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=352952"},"modified":"2024-07-26T23:21:15","modified_gmt":"2024-07-26T17:51:15","slug":"services-inflation-is-proving-stickier-than-expected-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/services-inflation-is-proving-stickier-than-expected-crypto-news\/","title":{"rendered":"Services inflation is proving stickier than expected &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>Executive Board member of the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/macroeconomics\/central-banks\/ecb\" data-fxs-autoanchor=\"\">European Central Bank<\/a> (ECB) Isabel Schnabel hit the wires late on Friday noting that a single cut from the ECB doesn&#8217;t necessarily guarantee follow-up cuts, and that inflation in the EU, particularly services inflation, is proving a tricky beast to slay.<\/p>\n<h2 class=\"fxs_headline_medium\">Key highlights<\/h2>\n<p>The first cut doesn&#8217;t automatically lead to a series.<\/p>\n<p>The pace and extent of ECB rate cuts will depend on the data.<\/p>\n<p>Freight costs and protectionism could drive inflation.<\/p>\n<p>Some data wasn&#8217;t quite in line with the projections.<\/p>\n<p>Services inflation is proving to be particularly sticky.<\/p>\n<p>Services inflation is showing that the last mile in the inflation fight is especially difficult<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Executive Board member of the European Central Bank (ECB) Isabel Schnabel hit the wires late on Friday noting that a single cut from the ECB doesn&#8217;t necessarily guarantee follow-up cuts, and that inflation in the EU, particularly services inflation, is proving a tricky beast to slay. Key highlights The first cut doesn&#8217;t automatically lead to [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":78658,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,386,251,246,257,825,255,388,250,252,247,253,249,256,254],"class_list":["post-352952","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-inflation","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\/352952","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=352952"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/352952\/revisions"}],"predecessor-version":[{"id":352961,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/352952\/revisions\/352961"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/78658"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=352952"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=352952"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=352952"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}