{"id":81178,"date":"2023-03-08T21:13:53","date_gmt":"2023-03-08T17:13:53","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=81178"},"modified":"2023-03-08T21:15:49","modified_gmt":"2023-03-08T17:15:49","slug":"powell-speech-we-are-aware-of-lags-of-monetary-policy-effects","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/powell-speech-we-are-aware-of-lags-of-monetary-policy-effects\/03\/08\/market-updates\/","title":{"rendered":"Powell : Aware of lags of monetary policy effects"},"content":{"rendered":"\n<p>FOMC Chairman Jerome Powell testifies on the Semi-annual Monetary Policy Report before the US House Financial Services Committee.<br><br>The US Dollar Index continues to fluctuate in its daily range at around 105.50 after these comments.<br><br><strong>Key Quotes<br><\/strong><br>&#8220;We are aware of lags of monetary policy effects.&#8221;<br><br>&#8220;They are highly uncertain in timeframe though.&#8221;<br><br>&#8220;Slowing down pace of rate hikes this year is a way to better watch for those effects.&#8221;<br><br>&#8220;Data we&#8217;ve seen so far suggests that ultimate level of rates will need to be higher.&#8221;<br><br>&#8220;Still more data to analyze though.&#8221;<br><br>&#8220;Will do everything I can to bring people into consensus on any change to bank capital requirements.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>FOMC Chairman Jerome Powell testifies on the Semi-annual Monetary Policy Report before the US House Financial Services Committee.The US Dollar Index continues to fluctuate in its daily range at around 105.50 after these comments.Key Quotes&#8220;We are aware of lags of monetary policy effects.&#8221;&#8220;They are highly uncertain in timeframe though.&#8221;&#8220;Slowing down pace of rate hikes this &hellip;<\/p>\n","protected":false},"author":13,"featured_media":51257,"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":[6885,8143,8658],"class_list":["post-81178","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-fed","tag-interest-rate-hikes","tag-monetary-policy-tightening"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/81178","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=81178"}],"version-history":[{"count":4,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/81178\/revisions"}],"predecessor-version":[{"id":81187,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/81178\/revisions\/81187"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/51257"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=81178"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=81178"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=81178"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}