{"id":62855,"date":"2022-03-29T19:23:21","date_gmt":"2022-03-29T15:23:21","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=62855"},"modified":"2022-03-29T19:23:51","modified_gmt":"2022-03-29T15:23:51","slug":"feds-harker-interest-rate-hikes-to-be-deliberate-and-methodical","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/feds-harker-interest-rate-hikes-to-be-deliberate-and-methodical\/03\/29\/market-updates\/","title":{"rendered":"Fed&#8217;s Harker: Interest rate hikes deliberate, methodical"},"content":{"rendered":"\n<p>Philadelphia Fed President and FOMC member Patrick Harker said on Tuesday that interest rate hikes are to be &#8220;deliberate&#8221; and &#8220;methodical&#8221;. <br><br>Inflation is &#8220;far higher than &#8230; we are comfortable with&#8221; Harker said, caveating that &#8220;there are some signs in the data, and in what we hear from our contacts, that supply chain constraints are finally easing&#8221;.<br><br>Harker also mentioned that there is the potential for a &#8220;significant uptick&#8221; in the service sectors of large, Democrat-leaning cities that had the toughest pandemic rules. Harker did not speak on whether he would prefer 25 or 50 bps rate hikes in the coming months.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Philadelphia Fed President and FOMC member Patrick Harker said on Tuesday that interest rate hikes are to be &#8220;deliberate&#8221; and &#8220;methodical&#8221;. Inflation is &#8220;far higher than &#8230; we are comfortable with&#8221; Harker said, caveating that &#8220;there are some signs in the data, and in what we hear from our contacts, that supply chain constraints are &hellip;<\/p>\n","protected":false},"author":13,"featured_media":53410,"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":[6885,6987,8143,7580,9446],"class_list":["post-62855","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-fed","tag-inflation","tag-interest-rate-hikes","tag-monetary-policy","tag-patrick-harker"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/62855","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=62855"}],"version-history":[{"count":3,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/62855\/revisions"}],"predecessor-version":[{"id":62908,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/62855\/revisions\/62908"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/53410"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=62855"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=62855"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=62855"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}