{"id":54803,"date":"2023-07-26T22:26:38","date_gmt":"2023-07-26T18:26:38","guid":{"rendered":"https:\/\/www.uaebarq.ae\/en\/?p=54803"},"modified":"2023-07-26T22:28:15","modified_gmt":"2023-07-26T18:28:15","slug":"u-s-federal-reserve-raises-interest-rates-by-25-basis-points","status":"publish","type":"post","link":"https:\/\/www.uaebarq.ae\/en\/2023\/07\/26\/u-s-federal-reserve-raises-interest-rates-by-25-basis-points\/","title":{"rendered":"U.S. Federal Reserve raises interest rates by 25 basis points"},"content":{"rendered":"\n<p>The Federal Reserve raised interest rates by a quarter of a percentage point on Wednesday, citing still elevated inflation as a rationale for what is now the highest U.S. central bank policy rate in 16 years, Reuters reported.<\/p>\n\n\n\n<p>The rate hike, the Fed&#8217;s 11th in its last 12 meetings, set the benchmark overnight interest rate in the 5.25 &#8211; 5.50 percent range, and the accompanying policy statement left the door open to another increase.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Federal Reserve raised interest rates by a quarter of a percentage point on Wednesday, citing still elevated inflation as a rationale for what is now the highest U.S. central bank policy rate in 16 years, Reuters reported. The rate hike, the Fed&#8217;s 11th in its last 12 meetings, set the benchmark overnight interest rate &hellip;<\/p>\n","protected":false},"author":4,"featured_media":54807,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-54803","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-news"],"_links":{"self":[{"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/posts\/54803","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\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/comments?post=54803"}],"version-history":[{"count":1,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/posts\/54803\/revisions"}],"predecessor-version":[{"id":54805,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/posts\/54803\/revisions\/54805"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/media\/54807"}],"wp:attachment":[{"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/media?parent=54803"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/categories?post=54803"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/tags?post=54803"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}