{"id":81865,"date":"2023-03-22T22:33:06","date_gmt":"2023-03-22T18:33:06","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=81865"},"modified":"2023-03-22T22:40:18","modified_gmt":"2023-03-22T18:40:18","slug":"us-dollar-index-sharply-falls-on-fomc-decision","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/us-dollar-index-sharply-falls-on-fomc-decision\/03\/22\/market-updates\/","title":{"rendered":"US Dollar Index sharply falls on FOMC decision"},"content":{"rendered":"\n<p>In its policy statement, the US Federal Reserve dropped the reference to &#8220;ongoing increases&#8221; and said that some additional policy firming may be appropriate.<br><br>The US Dollar Index sharply fell in an initial reaction to FOMC decision and was last seen losing 0.59% on the day at 102.579. <br><br><strong>Fed Policy Statement Key Quotes<br><\/strong><br>&#8220;Likely to see tighter credit conditions that weigh on economic activity, hiring and inflation.&#8221;<br><br>&#8220;US banking system is sound and resilient.&#8221;<br><br>&#8220;Will continue reducing balance sheet as planned.&#8221;<br><br>&#8220;Job gains have picked up, running at a robust pace.&#8221;<br><br>&#8220;Inflation remains elevated.&#8221;<br><br>&#8220;Fed vote in favor of policy was unanimous.&#8221;<br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In its policy statement, the US Federal Reserve dropped the reference to &#8220;ongoing increases&#8221; and said that some additional policy firming may be appropriate.The US Dollar Index sharply fell in an initial reaction to FOMC decision and was last seen losing 0.59% on the day at 102.579. Fed Policy Statement Key Quotes&#8220;Likely to see tighter &hellip;<\/p>\n","protected":false},"author":13,"featured_media":61773,"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":[4707,37,36],"tags":[6868,8324],"class_list":["post-81865","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-breaking-news","category-forex-markets","category-market-updates","tag-fomc","tag-us-dollar-index"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/81865","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=81865"}],"version-history":[{"count":3,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/81865\/revisions"}],"predecessor-version":[{"id":81880,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/81865\/revisions\/81880"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/61773"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=81865"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=81865"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=81865"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}