{"id":91144,"date":"2023-10-19T01:47:01","date_gmt":"2023-10-18T21:47:01","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=91144"},"modified":"2023-10-19T06:50:01","modified_gmt":"2023-10-19T02:50:01","slug":"feds-bowman-inflation-has-come-down-but-remains-too-high","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/feds-bowman-inflation-has-come-down-but-remains-too-high\/10\/19\/market-updates\/","title":{"rendered":"Fed&#8217;s Bowman: Inflation has come down but remains too high"},"content":{"rendered":"\n<p>Federal Reserve (Fed) Governor Michelle W. Bowman commented at a Fed Listens event on Thursday that inflation in the US has come down but is still too high. At the time of press, the US Dollar Index was down 0.02% on the day at 106.54.<br><br><strong>Key Quotes<\/strong><\/p>\n\n\n\n<p><br>\u201cWhat has been somewhat surprising, however, is that the relative strength in goods spending has persisted, rather than reverting to its pre-pandemic trends.\u201d<br><br>\u201cThis pattern we see in the US is also unusual relative to other advanced economies, where the composition of goods versus services spending appears to have returned to historical norms.\u201d<br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Federal Reserve (Fed) Governor Michelle W. Bowman commented at a Fed Listens event on Thursday that inflation in the US has come down but is still too high. At the time of press, the US Dollar Index was down 0.02% on the day at 106.54.Key Quotes \u201cWhat has been somewhat surprising, however, is that the &hellip;<\/p>\n","protected":false},"author":13,"featured_media":77037,"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":[7821,6885,6987],"class_list":["post-91144","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-bowman","tag-fed","tag-inflation"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/91144","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=91144"}],"version-history":[{"count":3,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/91144\/revisions"}],"predecessor-version":[{"id":91151,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/91144\/revisions\/91151"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/77037"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=91144"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=91144"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=91144"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}