{"id":75638,"date":"2022-11-15T19:17:00","date_gmt":"2022-11-15T15:17:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=75638"},"modified":"2022-11-15T19:18:47","modified_gmt":"2022-11-15T15:18:47","slug":"feds-harker-not-worried-about-inflation-expectations","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/feds-harker-not-worried-about-inflation-expectations\/11\/15\/market-updates\/","title":{"rendered":"Fed&#8217;s Harker: Not worried about inflation expectations"},"content":{"rendered":"\n<p>On Tuesday, Federal Reserve Bank of Philadelphia President Patrick Harker said &#8220;My best guess is we will remove about $2.5 trillion from the balance sheet overall but data will guide us,&#8221;.<br><br>&#8220;We want to reduce the balance sheet methodically until we start to see where we need to stop,&#8221; Parker added and noted he is not overly worried about inflation expectations while adding that they are moving in the right direction.<br> <br>Following these comments, the US dollar has maintained negative performance, and the Dollar Index was last seen losing 0.85% on the day at 106.05. The USD Index (DXY), which tracks the US currency versus its main rivals, resumes the intense leg lower and retests the 105.30 region on Tuesday.<br><br><strong>Additional Quotes<br><\/strong><br>&#8220;I don&#8217;t like to base policy on a couple of headline numbers.&#8221;<br><br>&#8220;As long as we&#8217;re moving consistently to collapse inflation down, we can pause.&#8221;<br><br>&#8220;I don&#8217;t want to move interest rates way up and then way down.&#8221;<br><br>&#8220;We need to balance minimizing job losses while getting inflation under control.&#8221;<br><br>&#8220;I think that outcome is still possible.&#8221;<br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Tuesday, Federal Reserve Bank of Philadelphia President Patrick Harker said &#8220;My best guess is we will remove about $2.5 trillion from the balance sheet overall but data will guide us,&#8221;.&#8220;We want to reduce the balance sheet methodically until we start to see where we need to stop,&#8221; Parker added and noted he is not &hellip;<\/p>\n","protected":false},"author":13,"featured_media":61367,"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":[6885,8820,6987,8324],"class_list":["post-75638","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-fed","tag-harker","tag-inflation","tag-us-dollar-index"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/75638","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=75638"}],"version-history":[{"count":3,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/75638\/revisions"}],"predecessor-version":[{"id":75682,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/75638\/revisions\/75682"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/61367"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=75638"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=75638"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=75638"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}