{"id":137487,"date":"2024-09-19T12:30:16","date_gmt":"2024-09-19T09:30:16","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=137487"},"modified":"2024-09-19T01:24:39","modified_gmt":"2024-09-18T22:24:39","slug":"feds-rate-cut-sparks-divided-reactions-more-easing-expected","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/feds-rate-cut-sparks-divided-reactions-more-easing-expected\/","title":{"rendered":"Fed&#8217;s Rate Cut Sparks Divided Reactions, More Easing Expected"},"content":{"rendered":"<p>Brad Bechtel of Jefferies<strong><a href=\"https:\/\/www.reuters.com\/markets\/currencies\/dollar-catches-footing-ahead-fed-2024-09-18\/\" target=\"_blank\" rel=\"nofollow\"> pointed out<\/a> <\/strong>that while the move was aimed at preventing a recession, the market\u2019s reaction was underwhelming, likely because it had been partially expected.<\/p>\n<p>During a press conference, Fed Chair Jerome Powell expressed satisfaction with the <strong><a href=\"https:\/\/cryptodnes.bg\/en\/breaking-federal-reserve-finally-cut-interest-rates\/\">rate cuts<\/a><\/strong>, hinting he supported a more aggressive stance to gain wider approval within the Fed.<\/p>\n<p>His decision was influenced by the Beige Book report, which painted a gloomy picture of the U.S. economy.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/fed-rate-cuts-could-crash-crypto-market-warns-arthur-hayes\/\" title=\"Fed Rate Cuts Could Crash Crypto Market, Warns Arthur Hayes\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/PriceCrash-240x170.jpeg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Fed Rate Cuts Could Crash Crypto Market, Warns Arthur Hayes<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Bond market expert Jeffrey Gundlach cautioned against aggressive easing but noted another rate cut could come later in the year.<\/p>\n<p>Meanwhile, Senator Elizabeth Warren criticized Powell for acting too late, arguing more cuts are needed to support consumers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Federal Reserve\u2019s recent 50 basis point rate cut left experts divided.<\/p>\n","protected":false},"author":7,"featured_media":137488,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[60],"tags":[],"class_list":["post-137487","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Fed&#039;s Rate Cut Sparks Divided Reactions, More Easing Expected<\/title>\n<meta name=\"description\" content=\"The Federal Reserve\u2019s recent 50 basis point rate cut left experts divided.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptodnes.bg\/en\/feds-rate-cut-sparks-divided-reactions-more-easing-expected\/\" 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