{"id":103516,"date":"2024-07-10T20:19:45","date_gmt":"2024-07-10T16:19:45","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=103516"},"modified":"2024-07-11T00:20:30","modified_gmt":"2024-07-10T20:20:30","slug":"feds-powell-we-see-current-policy-as-restrictive","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/feds-powell-we-see-current-policy-as-restrictive\/07\/10\/market-updates\/","title":{"rendered":"Fed&#8217;s Powell: We see current policy as restrictive"},"content":{"rendered":"\n<p>Jerome Powell, Chairman of the US Federal Reserve (Fed), delivers the Semi-Annual Monetary Policy Report and responds to questions before the House Financial Services Committee on the second day of his Congressional testimony. <br><br><strong>Key Quotes:<br><\/strong><br>&#8220;We see current Fed policy as restrictive.&#8221;<br><br>&#8220;The neutral interest rate must have moved up at least in the short term.&#8221;<br><br>&#8220;We know we have to adapt bank stress tests over time.&#8221;<br><br>&#8220;Main thing is to get it right on bank capital proposal.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jerome Powell, Chairman of the US Federal Reserve (Fed), delivers the Semi-Annual Monetary Policy Report and responds to questions before the House Financial Services Committee on the second day of his Congressional testimony. Key Quotes:&#8220;We see current Fed policy as restrictive.&#8221;&#8220;The neutral interest rate must have moved up at least in the short term.&#8221;&#8220;We know &hellip;<\/p>\n","protected":false},"author":13,"featured_media":63108,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[6885,7163,7580],"class_list":["post-103516","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-fed","tag-jerome-powell","tag-monetary-policy"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/103516","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=103516"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/103516\/revisions"}],"predecessor-version":[{"id":103521,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/103516\/revisions\/103521"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/63108"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=103516"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=103516"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=103516"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}