{"id":69866,"date":"2022-08-10T19:09:10","date_gmt":"2022-08-10T15:09:10","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=69866"},"modified":"2022-08-10T19:09:11","modified_gmt":"2022-08-10T15:09:11","slug":"joe-biden-seeing-some-signs-of-inflation-moderating","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/joe-biden-seeing-some-signs-of-inflation-moderating\/08\/10\/market-updates\/","title":{"rendered":"Joe Biden: Seeing some signs of inflation moderating"},"content":{"rendered":"\n<p>US President Joe Biden said on Wednesday that Americans are seeing some signs that inflation may be moderating. &#8220;We could face additional headwinds in the months ahead,&#8221; Biden added. &#8220;We still have work to do but we&#8217;re on track.&#8221;<br><br>Earlier in the day, the data published by the US Bureau of Labor Statistics showed that the annual Consumer Price Index (CPI) declined to 8.5% in July from 9.1% in June. <br><br>The US dollar struggles to find demand following soft inflation data and the US Dollar Index was last seen losing 1.2% on a daily basis at 105.00.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>US President Joe Biden said on Wednesday that Americans are seeing some signs that inflation may be moderating. &#8220;We could face additional headwinds in the months ahead,&#8221; Biden added. &#8220;We still have work to do but we&#8217;re on track.&#8221;Earlier in the day, the data published by the US Bureau of Labor Statistics showed that the &hellip;<\/p>\n","protected":false},"author":13,"featured_media":32694,"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":[7214,6978,6987],"class_list":["post-69866","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-biden","tag-cpi","tag-inflation"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/69866","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=69866"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/69866\/revisions"}],"predecessor-version":[{"id":69926,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/69866\/revisions\/69926"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32694"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=69866"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=69866"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=69866"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}