{"id":50156,"date":"2022-11-02T22:26:04","date_gmt":"2022-11-02T18:26:04","guid":{"rendered":"https:\/\/www.uaebarq.ae\/en\/?p=50156"},"modified":"2022-11-02T22:26:06","modified_gmt":"2022-11-02T18:26:06","slug":"fed-hikes-interest-rates-again","status":"publish","type":"post","link":"https:\/\/www.uaebarq.ae\/en\/2022\/11\/02\/fed-hikes-interest-rates-again\/","title":{"rendered":"Fed hikes interest rates again"},"content":{"rendered":"\n<p>The Federal Reserve on Wednesday raised interest rates by three-quarters of a percentage point, plowing ahead with a fourth straight large hike in an effort to beat back soaring inflation.<\/p>\n\n\n\n<p>In a statement after a two-day meeting, the Fed made clear that more rate increases are coming to lower yearly inflation to its 2% goal.<\/p>\n\n\n\n<p>&#8220;Ongoing increases in the target range will be appropriate,&#8221; the U.S. central bank said at the end of its policy meeting.<\/p>\n\n\n\n<p>\u201cThe (Fed\u2019s policymaking committee) anticipates that ongoing increases in the target range will be appropriate in order to attain a stance of monetary policy that is sufficiently restrictive to return inflation to 2 percent over time,\u201d added the statement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Federal Reserve on Wednesday raised interest rates by three-quarters of a percentage point, plowing ahead with a fourth straight large hike in an effort to beat back soaring inflation. In a statement after a two-day meeting, the Fed made clear that more rate increases are coming to lower yearly inflation to its 2% goal. &hellip;<\/p>\n","protected":false},"author":2,"featured_media":50157,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,4],"tags":[],"class_list":["post-50156","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-economy","category-news"],"_links":{"self":[{"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/posts\/50156","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/comments?post=50156"}],"version-history":[{"count":1,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/posts\/50156\/revisions"}],"predecessor-version":[{"id":50158,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/posts\/50156\/revisions\/50158"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/media\/50157"}],"wp:attachment":[{"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/media?parent=50156"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/categories?post=50156"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/tags?post=50156"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}