{"id":47579,"date":"2021-06-26T01:17:00","date_gmt":"2021-06-25T21:17:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=47579"},"modified":"2021-06-26T03:22:58","modified_gmt":"2021-06-25T23:22:58","slug":"feds-kashkari-foresees-lower-inflationary-pressures","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/feds-kashkari-foresees-lower-inflationary-pressures\/06\/26\/market-updates\/","title":{"rendered":"Fed\u2019s Kashkari Foresees Lower Inflationary Pressures"},"content":{"rendered":"\n<p>President of the Federal Reserve Bank of Minneapolis, Neel Kashkari, on Friday expected inflationary pressures to ease and the return of 7-10 million Americans to the labor market.<\/p>\n\n\n\n<p>Kashkari was speaking to a virtual even in the Minneapolis Council, saying that the increase in consumer prices is happening as the economy reopens and expecting the current high readings to start to decline.<\/p>\n\n\n\n<p>The Minneapolis Fed President thinks the unemployment rate will eventually reach 3.5%, emphasizing that the main factors holding back labor supply, including concerns about the pandemic and the unemployment benefits will be better by September.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>President of the Federal Reserve Bank of Minneapolis, Neel Kashkari, on Friday expected inflationary pressures to ease and the return of 7-10 million Americans to the labor market. Kashkari was speaking to a virtual even in the Minneapolis Council, saying that the increase in consumer prices is happening as the economy reopens and expecting the &hellip;<\/p>\n","protected":false},"author":10,"featured_media":32921,"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-47579","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\/47579","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=47579"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/47579\/revisions"}],"predecessor-version":[{"id":47580,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/47579\/revisions\/47580"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32921"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=47579"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=47579"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=47579"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}