{"id":81347,"date":"2022-04-25T00:09:48","date_gmt":"2022-04-25T04:09:48","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=81347"},"modified":"2022-04-24T22:19:05","modified_gmt":"2022-04-25T02:19:05","slug":"feds-mester-casts-doubt-on-the-need-for-shock-interest-rate-hikes-ahead","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2022\/feds-mester-casts-doubt-on-the-need-for-shock-interest-rate-hikes-ahead.html","title":{"rendered":"Fed\u2019s Mester casts doubt on the need for \u2018shock\u2019 interest rate hikes ahead"},"content":{"rendered":"\n<p>(CNBC) Cleveland Federal Reserve President Loretta Mester said last week she\u2019s in favor of raising interest rates quickly to bring down inflation, but not so quickly as to disrupt the economic recovery. That means a strong likelihood of backing a 50-basis point rate hike at the next Fed meeting and perhaps a few more after, but not going to 75 basis points, <a href=\"https:\/\/www.cnbc.com\/2022\/04\/22\/markets-are-cranking-up-their-expectations-for-fed-interest-rate-hikes.html\">as St. Louis Fed President James Bullard suggested<\/a> earlier this week. <\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2022\/04\/22\/feds-mester-casts-doubt-on-the-need-for-shock-interest-rate-hikes-ahead.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Cleveland Federal Reserve President Loretta Mester said last week she\u2019s in favor of raising interest rates quickly to bring down inflation, but not so quickly as to disrupt the economic recovery. That means a strong likelihood of backing a [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-81347","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/81347","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=81347"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/81347\/revisions"}],"predecessor-version":[{"id":81348,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/81347\/revisions\/81348"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=81347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=81347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=81347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}