{"id":54120,"date":"2022-11-02T16:06:49","date_gmt":"2022-11-02T23:06:49","guid":{"rendered":"https:\/\/lapost.us\/?p=54120"},"modified":"2022-11-02T16:06:49","modified_gmt":"2022-11-02T23:06:49","slug":"5-key-takeaways-from-the-federal-reserves-rate-hikes","status":"publish","type":"post","link":"https:\/\/lapost.us\/?p=54120","title":{"rendered":"5 key takeaways from the Federal Reserve\u2019s rate hikes"},"content":{"rendered":"<p>The Federal Reserve ramped up its battle against inflation Wednesday with another large interest rate hike amid griping that the central bank\u2019s efforts will plunge the U.S. into a recession.<\/p>\n<p>&nbsp;<\/p>\n<p>The Fed boosted its baseline interest rate range by 0.75 percentage points for the fourth time in four consecutive meetings. The rate increase was the sixth of the year and brought the Fed\u2019s baseline interest rate range to a span of 3.75\u00a0to 4 percent<\/p>\n<p>&nbsp;<\/p>\n<p>And while the rate hikes marked yet another aggressive move to lower inflation \u2014 which has stayed stubbornly high for months \u2014 the Federal Reserve sounded a slightly softer tone in its messaging about its future actions.<\/p>\n<p>&nbsp;<\/p>\n<p>The bank\u2019s approach to stanch demand, however, will still be determined in large part by upcoming reports on consumer prices and the resiliency of the U.S. labor market.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Federal Reserve ramped up its&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-54120","post","type-post","status-publish","format-standard","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/54120","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=54120"}],"version-history":[{"count":1,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/54120\/revisions"}],"predecessor-version":[{"id":54121,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/54120\/revisions\/54121"}],"wp:attachment":[{"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=54120"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=54120"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=54120"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}