{"id":70868,"date":"2022-08-25T20:13:58","date_gmt":"2022-08-25T16:13:58","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=70868"},"modified":"2022-08-25T20:15:36","modified_gmt":"2022-08-25T16:15:36","slug":"feds-harker-supports-rate-above-3-4-and-then-sit-for-a-while","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/feds-harker-supports-rate-above-3-4-and-then-sit-for-a-while\/08\/25\/market-updates\/","title":{"rendered":"Fed\u2019s Harker supports rate above 3.4% and then \u2018sit for a while\u2019"},"content":{"rendered":"\n<p>The Federal Reserve should continue raising it benchmark interest rate until it is over 3.4% and then \u201csit for a while,\u201d said Philadelphia Fed President Patrick Harker on Thursday.<br><br>\u201cWe don\u2019t need to rush way up and then rush way down,\u201d Harker said, in CNBC interview from the Fed\u2019s retreat in Jackson Hole.<br>\u201cWe need to go up and sit for a while later\u201d, Harker added. Philadelphia Fed President Patrick Harker will be a voting member of the central bank\u2019s interest-rate committee next year.<br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Federal Reserve should continue raising it benchmark interest rate until it is over 3.4% and then \u201csit for a while,\u201d said Philadelphia Fed President Patrick Harker on Thursday.\u201cWe don\u2019t need to rush way up and then rush way down,\u201d Harker said, in CNBC interview from the Fed\u2019s retreat in Jackson Hole.\u201cWe need to go &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":[6885,8143,9446],"class_list":["post-70868","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-fed","tag-interest-rate-hikes","tag-patrick-harker"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/70868","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=70868"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/70868\/revisions"}],"predecessor-version":[{"id":70873,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/70868\/revisions\/70873"}],"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=70868"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=70868"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=70868"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}