{"id":75811,"date":"2022-11-17T18:57:07","date_gmt":"2022-11-17T14:57:07","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=75811"},"modified":"2022-11-17T19:36:55","modified_gmt":"2022-11-17T15:36:55","slug":"bullard-minimum-level-for-restrictive-fed-policy-rate-5-5-25","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/bullard-minimum-level-for-restrictive-fed-policy-rate-5-5-25\/11\/17\/market-updates\/","title":{"rendered":"Bullard: 5%-5.25% Minimum level for Fed policy rate"},"content":{"rendered":"\n<p>St. Louis Federal Reserve President James Bullard said on Thursday that a minimum level for a restrictive Federal Reserve (Fed) policy rate would be 5% to 5.25%, as reported by Reuters.<br><br>The US Dollar Index edged slightly lower in the last hour but it was still up 0.6% at 106.90 at the time of press.<br><br><strong>Key Quotes<br><\/strong><br>&#8220;Once disinflationary process begins it could proceed rapidly as businesses compete to keep market share\u201d.<br><br>&#8220;Recent Retail Sales suggests household spending cushion remains, a slowdown for the coming Christmas shopping season would be fine\u201d.<br><br>&#8220;October inflation data was encouraging but could easily go the other way next time, inflation is still bad\u201d.<br><br>&#8220;Any signs of disinflation so far are tentative at best but hope 2023 will be the year when it happens\u201d.<br><br>&#8220;Not seeing much cooling in the labor market\u201d.<br><br>&#8220;Fed will want to err on the side of keeping rates higher for longer to avoid mistakes of the 1970s\u201d.<br><br>&#8220;Housing is showing impact of monetary policy, but also boomed unexpectedly during the pandemic\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>St. Louis Federal Reserve President James Bullard said on Thursday that a minimum level for a restrictive Federal Reserve (Fed) policy rate would be 5% to 5.25%, as reported by Reuters.The US Dollar Index edged slightly lower in the last hour but it was still up 0.6% at 106.90 at the time of press.Key Quotes&#8220;Once &hellip;<\/p>\n","protected":false},"author":13,"featured_media":62114,"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":[6885,7009,8291,8212,9537],"class_list":["post-75811","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-fed","tag-housing","tag-inflation-data","tag-james-bullard","tag-rate-policy"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/75811","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=75811"}],"version-history":[{"count":4,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/75811\/revisions"}],"predecessor-version":[{"id":75852,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/75811\/revisions\/75852"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/62114"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=75811"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=75811"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=75811"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}