{"id":83602,"date":"2023-05-03T22:02:35","date_gmt":"2023-05-03T18:02:35","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=83602"},"modified":"2023-05-03T23:20:12","modified_gmt":"2023-05-03T19:20:12","slug":"breaking-fed-hikes-policy-rate-by-25-bps-to-5-5-25-as-expected","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/breaking-fed-hikes-policy-rate-by-25-bps-to-5-5-25-as-expected\/05\/03\/market-updates\/","title":{"rendered":"Breaking: Fed hikes policy rate by 25 bps to 5-5.25% as expected"},"content":{"rendered":"\n<p>The US Federal Reserve (Fed) announced on Wednesday that it raised the policy rate, federal funds rate, by 25 basis points to the range of 5-5.25% following the May policy meeting. This decision came in line with the market expectation.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>As anticipated, the Fed increased its policy rate by 25 basis points (bps) in May, bringing it to a range of 5\u20135.25%. However, the US central bank removed language indicating that it &#8220;anticipates that some additional policy firming may be appropriate in order to attain a stance of monetary policy that is sufficiently restrictive to return inflation to 2% over time.&#8221; The USD selloff gained momentum in the latter hours of the American session as a result of the initial response to this dovish tone.<br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The US Federal Reserve (Fed) announced on Wednesday that it raised the policy rate, federal funds rate, by 25 basis points to the range of 5-5.25% following the May policy meeting. This decision came in line with the market expectation. As anticipated, the Fed increased its policy rate by 25 basis points (bps) in May, &hellip;<\/p>\n","protected":false},"author":13,"featured_media":77932,"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":[6885,8143],"class_list":["post-83602","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-breaking-news","category-forex-markets","category-market-updates","tag-fed","tag-interest-rate-hikes"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/83602","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=83602"}],"version-history":[{"count":3,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/83602\/revisions"}],"predecessor-version":[{"id":83616,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/83602\/revisions\/83616"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/77932"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=83602"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=83602"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=83602"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}