{"id":89404,"date":"2024-09-19T01:29:54","date_gmt":"2024-09-19T05:29:54","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=89404"},"modified":"2024-09-19T01:20:12","modified_gmt":"2024-09-19T05:20:12","slug":"fed-meeting-recap-chair-jerome-powell-defends-central-banks-decision-to-go-big-with-first-cut","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2024\/fed-meeting-recap-chair-jerome-powell-defends-central-banks-decision-to-go-big-with-first-cut.html","title":{"rendered":"Fed meeting recap: Chair Jerome Powell defends central bank\u2019s decision to go big with first cut"},"content":{"rendered":"\n<p>(CNBC) Federal Reserve Chair Jerome Powell does not see the risk of an economic downturn being \u201celevated\u201d following the super-sized cut. \u201cI don\u2019t see anything in the economy right now that suggests that the likelihood of a recession.  \u201cI don\u2019t see that,\u201d he continued. \u201cYou see growth at a solid rate. You see inflation coming down. You see a labor market that\u2019s still at very solid levels. <\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/09\/18\/fed-meeting-live-updates-traders-await-september-interest-rate-cut.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Federal Reserve Chair Jerome Powell does not see the risk of an economic downturn being \u201celevated\u201d following the super-sized cut. \u201cI don\u2019t see anything in the economy right now that suggests that the likelihood of a recession. \u201cI don\u2019t [&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-89404","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89404","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=89404"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89404\/revisions"}],"predecessor-version":[{"id":89405,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89404\/revisions\/89405"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=89404"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=89404"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=89404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}