{"id":31005,"date":"2020-07-08T00:04:14","date_gmt":"2020-07-07T20:04:14","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=31005"},"modified":"2020-07-08T00:04:15","modified_gmt":"2020-07-07T20:04:15","slug":"daly-higher-inflation-could-be-good-thing","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/daly-higher-inflation-could-be-good-thing\/07\/08\/market-updates\/","title":{"rendered":"Daly: Higher Inflation Could be Good Thing"},"content":{"rendered":"\n<p>The President of San Francisco Federal Reserve, Mary Daly, said that the US labor market is in better shape she previously thought it might be, \u201cbut it\u2019s nowhere close to where we need to be.\u201d<\/p>\n\n\n\n<p>\u201cI am assuming that we\u2019ll level off at some level that\u2019s not where we want to be,\u201d Daly added during an event sponsored by the National Association of Business Economists, according to Reuters.<\/p>\n\n\n\n<p>Many Fed members clearly view the current unemployment rate at 11.1% as higher than it could be.<\/p>\n\n\n\n<p>In addition, Daly said that a higher inflation rate could be a good thing, as cited by MarketWatch.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The President of San Francisco Federal Reserve, Mary Daly, said that the US labor market is in better shape she previously thought it might be, \u201cbut it\u2019s nowhere close to where we need to be.\u201d \u201cI am assuming that we\u2019ll level off at some level that\u2019s not where we want to be,\u201d Daly added during &hellip;<\/p>\n","protected":false},"author":10,"featured_media":31006,"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":[6867,6858,6871],"class_list":["post-31005","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-federal-reserve","tag-us-economy","tag-usd"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/31005","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\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=31005"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/31005\/revisions"}],"predecessor-version":[{"id":31007,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/31005\/revisions\/31007"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/31006"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=31005"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=31005"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=31005"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}