{"id":87569,"date":"2024-03-08T02:15:40","date_gmt":"2024-03-08T07:15:40","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=87569"},"modified":"2024-03-08T02:04:13","modified_gmt":"2024-03-08T07:04:13","slug":"powell-says-the-fed-is-not-far-from-the-point-of-cutting-interest-rates","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2024\/powell-says-the-fed-is-not-far-from-the-point-of-cutting-interest-rates.html","title":{"rendered":"Powell says the Fed is \u2018not far\u2019 from the point of cutting interest rates"},"content":{"rendered":"\n<p>(CNBC) In remarks to the Senate Banking Committee, the central bank leader didn\u2019t provide a precise timetable of when he sees easing happening, but noted that the day could be coming soon. \u201cWe\u2019re waiting to become more confident that inflation is moving sustainably at 2%. When we do get  that confidence, and we\u2019re not far from it, it\u2019ll be appropriate to begin to dial back the level of restriction,\u201d<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/03\/07\/powell-says-fed-is-not-far-from-the-point-of-cutting-interest-rates.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) In remarks to the Senate Banking Committee, the central bank leader didn\u2019t provide a precise timetable of when he sees easing happening, but noted that the day could be coming soon. \u201cWe\u2019re waiting to become more confident that inflation [&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-87569","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/87569","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=87569"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/87569\/revisions"}],"predecessor-version":[{"id":87570,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/87569\/revisions\/87570"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=87569"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=87569"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=87569"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}