{"id":62568,"date":"2022-03-23T21:59:12","date_gmt":"2022-03-23T17:59:12","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=62568"},"modified":"2022-03-23T21:59:16","modified_gmt":"2022-03-23T17:59:16","slug":"feds-mester-sees-need-for-some-half-point-rate-hikes-this-year","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/feds-mester-sees-need-for-some-half-point-rate-hikes-this-year\/03\/23\/market-updates\/","title":{"rendered":"Fed\u2019s Mester Sees Need for Some Half-Point Rate Hikes This Year"},"content":{"rendered":"\n<p>Federal Reserve Bank of Cleveland President Loretta Mester says she supports front-loading interest-rate increases this year, likely including some half percentage-point hikes, to curb the hottest inflation in four decades.<br>\u201cI think we\u2019re going to need to do some 50 basis-point moves,\u201d Mester said on a call with reporters Wednesday. <br><br>\u201cI don\u2019t want to presuppose every meeting from here to July, but I do think we need to be more aggressive earlier rather than later.\u201d Mester, who votes on monetary policy this year, repeated that she favors raising rates to 2.5% by the end of the year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Federal Reserve Bank of Cleveland President Loretta Mester says she supports front-loading interest-rate increases this year, likely including some half percentage-point hikes, to curb the hottest inflation in four decades.\u201cI think we\u2019re going to need to do some 50 basis-point moves,\u201d Mester said on a call with reporters Wednesday. \u201cI don\u2019t want to presuppose every &hellip;<\/p>\n","protected":false},"author":13,"featured_media":55407,"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":[6885,8143,8499],"class_list":["post-62568","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-fed","tag-interest-rate-hikes","tag-mester"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/62568","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=62568"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/62568\/revisions"}],"predecessor-version":[{"id":62572,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/62568\/revisions\/62572"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/55407"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=62568"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=62568"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=62568"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}