{"id":98857,"date":"2024-03-20T22:57:23","date_gmt":"2024-03-20T18:57:23","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=98857"},"modified":"2024-03-20T23:40:20","modified_gmt":"2024-03-20T19:40:20","slug":"powell-policymakers-made-no-decisions-about-future-meetings-in-march","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/powell-policymakers-made-no-decisions-about-future-meetings-in-march\/03\/20\/market-updates\/","title":{"rendered":"Powell: Policymakers made no decisions about future meetings in March"},"content":{"rendered":"\n<p>Fed Chair Jerome Powell has explained the decision to leave the policy rate, federal funds rate, unchanged at the range of 5.25-5.5% and responds to questions in the post-meeting press conference.<br><br><strong>Key Statements:<br><\/strong><br>&#8220;We want to see more data that gives us higher confidence on inflation moving down sustainably.&#8221;<br><br>&#8220;We made no decisions about future meetings today; will depend on data.&#8221;<br><br>&#8220;If there were a significant weakening in labor market, that would be a reason to start rate cuts.&#8221;<br><br>&#8220;I don&#8217;t think we know if rates are going to be higher in the longer run.&#8221;<br><br>&#8220;My instinct is rates won&#8217;t go back down to very low levels we saw before.&#8221;<br><br>&#8220;But there is tremendous uncertainty around that.&#8221;<br><br>&#8220;It is still likely in most people&#8217;s view that we will have rate cuts this year, but depends on data<br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fed Chair Jerome Powell has explained the decision to leave the policy rate, federal funds rate, unchanged at the range of 5.25-5.5% and responds to questions in the post-meeting press conference.Key Statements:&#8220;We want to see more data that gives us higher confidence on inflation moving down sustainably.&#8221;&#8220;We made no decisions about future meetings today; will &hellip;<\/p>\n","protected":false},"author":13,"featured_media":94064,"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":[6987,10853,7087,7164,7740],"class_list":["post-98857","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-inflation","tag-interest-rate-path","tag-jobs","tag-powell","tag-rate-cut"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/98857","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=98857"}],"version-history":[{"count":3,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/98857\/revisions"}],"predecessor-version":[{"id":98866,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/98857\/revisions\/98866"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/94064"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=98857"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=98857"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=98857"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}