{"id":33260,"date":"2020-08-27T17:27:09","date_gmt":"2020-08-27T13:27:09","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=33260"},"modified":"2020-08-27T17:27:19","modified_gmt":"2020-08-27T13:27:19","slug":"powell-speech-fed-not-tying-itself-to-any-particular-method-to-define-average-inflation","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/powell-speech-fed-not-tying-itself-to-any-particular-method-to-define-average-inflation\/08\/27\/market-updates\/","title":{"rendered":"Powell Speech: Fed Not Tying Itself to Any Particular Method to Define Average Inflation"},"content":{"rendered":"\n<p>Jerome Powell, Chairman of the Federal Reserve System, is delivering his remarks at the virtual Jackson Hole Economic Policy Symposium titled &#8220;Navigating the Decade Ahead: Implications for Monetary Policy.&#8221;<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><\/p><cite><br>&#8220;Fed not tying itself to any particular method to define average inflation, policy will not be dictated by any formula.&#8221;<br><br>&#8220;Fed will not hesitate to act if inflation rises above levels consistent with our goal.&#8221;<br><br>&#8220;Committee judges that longer-term inflation expectations that are well-anchored at 2% enhance the Committee\u2019s ability to promote maximum employment.&#8221;<br><br>&#8220;Committee intends to undertake a thorough review of monetary policy strategy roughly every five years.&#8221;<br><\/cite><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Jerome Powell, Chairman of the Federal Reserve System, is delivering his remarks at the virtual Jackson Hole Economic Policy Symposium titled &#8220;Navigating the Decade Ahead: Implications for Monetary Policy.&#8221; &#8220;Fed not tying itself to any particular method to define average inflation, policy will not be dictated by any formula.&#8221;&#8220;Fed will not hesitate to act if &hellip;<\/p>\n","protected":false},"author":9,"featured_media":32345,"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":[4707,36],"tags":[7164],"class_list":["post-33260","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-breaking-news","category-market-updates","tag-powell"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/33260","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\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=33260"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/33260\/revisions"}],"predecessor-version":[{"id":33261,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/33260\/revisions\/33261"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32345"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=33260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=33260"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=33260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}