{"id":67375,"date":"2022-06-20T21:38:59","date_gmt":"2022-06-20T17:38:59","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=67375"},"modified":"2022-06-20T21:39:03","modified_gmt":"2022-06-20T17:39:03","slug":"feds-bullard-seeing-effects-of-fed-guidance-on-economy","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/feds-bullard-seeing-effects-of-fed-guidance-on-economy\/06\/20\/market-updates\/","title":{"rendered":"Fed&#8217;s Bullard: Seeing effects of Fed guidance on economy"},"content":{"rendered":"\n<p>&#8220;The Fed still has to follow through to ratify the forward guidance previously given but the effects on the economy and on inflation are already taking hold,&#8221; St. Louis Federal Reserve Bank President James Bullard said on Monday.<br><br>Bullard repeated that the US labour market remains robust and added that the US economy is expected to continue to expand through 2022. <br><br>As for the market\u2019s reaction; these comments had no impact on the US dollar&#8217;s valuation against its major rival currencies. The US Dollar Index was down 0.25% on a daily basis at 104.40. James Bullard is a voting member of the interest-rate-setting Federal Open Market Committee this year.<br><br>Bullard said in materials for a presentation in Spain. But he added, \u201cRisks remain substantial and stem from uncertainty around the Russia-Ukraine war and the possibility of a sharp slowdown in China&#8221;.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;The Fed still has to follow through to ratify the forward guidance previously given but the effects on the economy and on inflation are already taking hold,&#8221; St. Louis Federal Reserve Bank President James Bullard said on Monday.Bullard repeated that the US labour market remains robust and added that the US economy is expected to &hellip;<\/p>\n","protected":false},"author":13,"featured_media":62113,"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":[7903,6885,8143,8212,8367],"class_list":["post-67375","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-economic-growth","tag-fed","tag-interest-rate-hikes","tag-james-bullard","tag-us-dollar"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/67375","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=67375"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/67375\/revisions"}],"predecessor-version":[{"id":67378,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/67375\/revisions\/67378"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/62113"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=67375"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=67375"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=67375"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}