{"id":71075,"date":"2022-08-29T23:29:55","date_gmt":"2022-08-29T19:29:55","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=71075"},"modified":"2022-08-29T23:29:58","modified_gmt":"2022-08-29T19:29:58","slug":"feds-kashkari-all-understand-fed-is-serious-about-getting-inflation-back-to-2","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/feds-kashkari-all-understand-fed-is-serious-about-getting-inflation-back-to-2\/08\/29\/market-updates\/","title":{"rendered":"Fed&#8217;s Kashkari: All understand Fed is serious about getting inflation back to 2%"},"content":{"rendered":"\n<p>In response to the market&#8217;s reaction to last week&#8217;s Jackson Hole, Minneapolis Federal Reserve Bank President Neel Kashkari said, on Monday, that people now understand how serious policymakers are about getting inflation back to 2%.<br><br>The dollar has touched a fresh 20-year high to start the week fueled by hawkish comments by Federal Reserve Chair Jerome Powell. DXY, which measures the greenback versus a basket of rival currencies, is back to 108.80m pulling back from the 109.48 high scored earlier. <br><br><strong>Kashkari&#8217;s Comments<br><\/strong><br>&#8221;Was not thrilled to see the stock market rally following our most recent federal open market committee meeting.&#8221;<br><br>&#8221;I am delighted by the market&#8217;s reaction to the Jackson Hole.&#8221;<br><br>&#8221;I know how serious we are about lowering inflation and I believe the markets were misinterpreting that at the last FOMC meeting.&#8221;<br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In response to the market&#8217;s reaction to last week&#8217;s Jackson Hole, Minneapolis Federal Reserve Bank President Neel Kashkari said, on Monday, that people now understand how serious policymakers are about getting inflation back to 2%.The dollar has touched a fresh 20-year high to start the week fueled by hawkish comments by Federal Reserve Chair Jerome &hellip;<\/p>\n","protected":false},"author":13,"featured_media":62129,"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":[6885,6987,8143,8653],"class_list":["post-71075","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-kashkari"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/71075","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=71075"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/71075\/revisions"}],"predecessor-version":[{"id":71079,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/71075\/revisions\/71079"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/62129"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=71075"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=71075"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=71075"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}