{"id":117951,"date":"2017-03-15T15:03:41","date_gmt":"2017-03-15T20:03:41","guid":{"rendered":"http:\/\/csinewsnow.com\/?p=117951"},"modified":"2017-03-15T15:03:41","modified_gmt":"2017-03-15T20:03:41","slug":"fed-hikes-key-short-term-interest-rate","status":"publish","type":"post","link":"https:\/\/csinewsnow.com\/?p=117951","title":{"rendered":"Fed hikes key short-term interest rate"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-112833\" src=\"http:\/\/csinewsnow.com\/wp-content\/uploads\/2016\/12\/FederalReserve-Seal-300x202.jpg\" alt=\"\" width=\"300\" height=\"202\" srcset=\"https:\/\/csinewsnow.com\/wp-content\/uploads\/2016\/12\/FederalReserve-Seal-300x202.jpg 300w, https:\/\/csinewsnow.com\/wp-content\/uploads\/2016\/12\/FederalReserve-Seal-260x175.jpg 260w, https:\/\/csinewsnow.com\/wp-content\/uploads\/2016\/12\/FederalReserve-Seal.jpg 445w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>NEW YORK (AP) \u2014 As expected, the Federal Reserve will hike its key short-term rate. It&#8217;s the third increase since December 2015 and a show of confidence in that the economy is stable. Steady hiring has brought down the unemployment rate to 4.7 percent, while the Fed&#8217;s preferred measure of inflation has been moving closer to the central bank&#8217;s preferred target of 2 percent. By a 9 to 1 vote, Fed officials raised the federal funds rate by a quarter of a point. Policymakers expect to hike rates a total of three times this year, including the increase announced Wednesday. That&#8217;s the same as their December forecast. But more Fed officials now support that view. Stocks have been higher this afternoon, easily absorbing the expected news of the rate hike.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK (AP) \u2014 As expected, the Federal Reserve will hike its key short-term rate. It&#8217;s the third increase since December 2015 and a show of confidence in that the economy is stable. Steady hiring has brought down the unemployment rate to 4.7 percent, while the Fed&#8217;s preferred measure of [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":112833,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[],"class_list":["post-117951","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-state"],"_links":{"self":[{"href":"https:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts\/117951","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=117951"}],"version-history":[{"count":1,"href":"https:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts\/117951\/revisions"}],"predecessor-version":[{"id":117952,"href":"https:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts\/117951\/revisions\/117952"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/media\/112833"}],"wp:attachment":[{"href":"https:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=117951"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=117951"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=117951"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}