{"id":1716,"date":"2023-05-04T02:40:03","date_gmt":"2023-05-04T00:40:03","guid":{"rendered":"https:\/\/www.dhcab.com\/?p=1716"},"modified":"2023-05-04T02:40:03","modified_gmt":"2023-05-04T00:40:03","slug":"%e2%9a%a1%ef%b8%8ffed-hikes-rates-by-25-bps-as-expected","status":"publish","type":"post","link":"https:\/\/www.dhcab.com\/?p=1716","title":{"rendered":"\u26a1\ufe0fFed hikes rates by 25 bps as expected"},"content":{"rendered":"<div class=\"postie-post\">\n<div>\n<div dir=\"auto\">The US Federal Reserve raised interest rates by a quarter of a percentage point as expected, bringing the benchmark funds rate to 5-5.25%, the highest since August 2007.<\/p>\n<p>That said, the Fed gave a tentative hint that the current tightening cycle is at an end, opening the door for a pause in hiking. <\/p>\n<p>The Fed further dropped language that it &#8220;anticipates&#8221; that more policy firming may be appropriate to attain a &#8220;sufficiently restrictive&#8221; stance.<\/p>\n<p>The 10th interest rate increase in just over a year, was approved unanimously amid US economic uncertainty and over the objections of prominent Democratic lawmakers, who this week urged the Fed to stop raising rates that they insisted could cause a recession and excessive job losses.<\/p><\/div>\n<\/div>\n<div class=\"postie-attachments\"><a href=\"https:\/\/www.dhcab.com\/?attachment_id=1717\"><img decoding=\"async\" src=\"https:\/\/www.dhcab.com\/wp-content\/uploads\/2023\/05\/IMG_20230504_043712_162-300x167.jpg\" alt=\"\" width=\"300px\" height=\"167px\" class=\"alignnone size-medium wp-image-1717\" srcset=\"https:\/\/www.dhcab.com\/wp-content\/uploads\/2023\/05\/IMG_20230504_043712_162-300x167.jpg 300w, https:\/\/www.dhcab.com\/wp-content\/uploads\/2023\/05\/IMG_20230504_043712_162-1024x570.jpg 1024w, https:\/\/www.dhcab.com\/wp-content\/uploads\/2023\/05\/IMG_20230504_043712_162-768x427.jpg 768w, https:\/\/www.dhcab.com\/wp-content\/uploads\/2023\/05\/IMG_20230504_043712_162.jpg 1172w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The US Federal Reserve raised interest rates by a quarter of a percentage point as expected, bringing the benchmark funds rate to 5-5.25%, the highest since August 2007. That said, the Fed gave a tentative hint that the current tightening cycle is at an end, opening the door for a pause in hiking. The Fed [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1717,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[],"class_list":["post-1716","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-global-issues"],"_links":{"self":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts\/1716","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1716"}],"version-history":[{"count":0,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts\/1716\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/media\/1717"}],"wp:attachment":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1716"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1716"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1716"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}