{"id":85727,"date":"2023-06-23T02:43:25","date_gmt":"2023-06-22T22:43:25","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=85727"},"modified":"2023-06-23T03:03:00","modified_gmt":"2023-06-22T23:03:00","slug":"yellen-warns-of-recession-risk-amid-feds-hawkish-stance","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/yellen-warns-of-recession-risk-amid-feds-hawkish-stance\/06\/23\/market-updates\/","title":{"rendered":"Yellen warns of recession risk amid Fed\u2019s hawkish stance"},"content":{"rendered":"\n<p>\u201cAs the Fed tightens policy, a recession remains a risk,\u201d noted US Treasury Secretary Janet Yellen late Thursday. The policymaker also added, \u201cIt is not appropriate to debate the 2% inflation target at this time.\u201d<br><br>US Treasury Secretary Yellen also said that to ease Consumer Price Index (CPI), consumer spending may need to slow. Yellen\u2019s comments fail to move a needle in the markets amid the usual inactive hours of early Asian session on Friday.<br><br>However, the support for the recession woes can add strength to the US Dollar and may exert downside pressure on the EUR\/USD pair, while also allowing the Gold bears to occupy the driver\u2019s seat.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cAs the Fed tightens policy, a recession remains a risk,\u201d noted US Treasury Secretary Janet Yellen late Thursday. The policymaker also added, \u201cIt is not appropriate to debate the 2% inflation target at this time.\u201dUS Treasury Secretary Yellen also said that to ease Consumer Price Index (CPI), consumer spending may need to slow. Yellen\u2019s comments &hellip;<\/p>\n","protected":false},"author":13,"featured_media":41450,"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":[9358,7536,7485],"class_list":["post-85727","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-hawkish-stance","tag-recession","tag-yellen"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/85727","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=85727"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/85727\/revisions"}],"predecessor-version":[{"id":85735,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/85727\/revisions\/85735"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/41450"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=85727"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=85727"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=85727"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}