{"id":83033,"date":"2022-11-03T01:58:44","date_gmt":"2022-11-03T05:58:44","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=83033"},"modified":"2022-11-03T01:56:29","modified_gmt":"2022-11-03T05:56:29","slug":"fed-rate-hikes-could-go-even-further-than-expected-as-powell-commits-to-stomp-out-inflation","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2022\/fed-rate-hikes-could-go-even-further-than-expected-as-powell-commits-to-stomp-out-inflation.html","title":{"rendered":"Fed rate hikes could go even further than expected as Powell commits to stomp out inflation"},"content":{"rendered":"\n<p>(CNBC) The Federal Reserve remains set on beating inflation and could raise rates to an even higher-than-expected level, though it may reduce the size of its future rate hikes. <a href=\"https:\/\/www.cnbc.com\/2022\/11\/02\/fed-hikes-by-another-three-quarters-of-a-point-taking-rates-to-the-highest-level-since-january-2008.html\">The Fed raised its target fed funds rate Wednesday by 75 basis points,<\/a> or three-quarters of a point, and said it would take into account the lagging impact of higher rates on the economy. That initial statement, released at 2 p.m. ET, was viewed as dovish, since it indicated rate hikes could be smaller.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2022\/11\/02\/fed-rate-hikes-could-go-even-further-than-expected-as-powell-commits-to-stomp-out-inflation.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) The Federal Reserve remains set on beating inflation and could raise rates to an even higher-than-expected level, though it may reduce the size of its future rate hikes. The Fed raised its target fed funds rate Wednesday by 75 [&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-83033","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83033","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=83033"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83033\/revisions"}],"predecessor-version":[{"id":83034,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83033\/revisions\/83034"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=83033"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=83033"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=83033"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}