{"id":35185,"date":"2020-10-08T19:04:58","date_gmt":"2020-10-08T15:04:58","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=35185"},"modified":"2020-10-08T19:05:01","modified_gmt":"2020-10-08T15:05:01","slug":"feds-george-framework-is-not-promise-to-raise-inflation","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/feds-george-framework-is-not-promise-to-raise-inflation\/10\/08\/market-updates\/","title":{"rendered":"Fed\u2019s George: Framework is Not Promise to Raise Inflation"},"content":{"rendered":"\n<p>President of the Federal Reserve Bank of Kansas City, Esther George, said on Thursday that the Fed\u2019s new framework, which aims for inflation above 2%, shows tolerance for higher inflation, but not a commitment to increase it.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u201cI interpret the revised consensus statement as a tolerance, and less as a promise to engineer,\u201d higher inflation, George was quoted by Reuters as saying.<\/p><p>\u201cIt will be difficult to assess the underlying pace of inflation until the dust settles.\u201d<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>President of the Federal Reserve Bank of Kansas City, Esther George, said on Thursday that the Fed\u2019s new framework, which aims for inflation above 2%, shows tolerance for higher inflation, but not a commitment to increase it. \u201cI interpret the revised consensus statement as a tolerance, and less as a promise to engineer,\u201d higher inflation, &hellip;<\/p>\n","protected":false},"author":10,"featured_media":32340,"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":[36],"tags":[6867],"class_list":["post-35185","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-federal-reserve"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/35185","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=35185"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/35185\/revisions"}],"predecessor-version":[{"id":35186,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/35185\/revisions\/35186"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32340"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=35185"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=35185"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=35185"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}