{"id":27792,"date":"2018-10-23T16:14:44","date_gmt":"2018-10-23T10:44:44","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=27792"},"modified":"2018-10-23T16:14:44","modified_gmt":"2018-10-23T10:44:44","slug":"powell-doctrine","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/powell-doctrine\/","title":{"rendered":"Powell doctrine"},"content":{"rendered":"<p><a href=\"https:\/\/www.thehindu.com\/opinion\/editorial\/powell-doctrine\/article24786734.ece\">Powell doctrine<\/a><\/p>\n<p><strong><u>News:<\/u><\/strong><\/p>\n<ol>\n<li>US central bank chairmen in favor increasing interest rate gradually.<\/li>\n<\/ol>\n<p><strong><u>Important Facts:<\/u><\/strong><\/p>\n<p>2. According to recent data, the US economy is growing at a strong pace.<\/p>\n<p>3. Unemployment figure touching 20 year low and inflation is close to target of 2 %.<\/p>\n<p>4. Central Bank chief has supported the gradually increase in interest rate is appropriate.<\/p>\n<p>5. President Trump raises concern over increasing interest rate which may have negative impact of economic growth.<\/p>\n<p>6. Another perspective involve criticism that gradually increase in interest rate is too slow.<\/p>\n<p>7. In response to this, Federal bank chief said raising interest rate either too fast or slow involve risk in an economy.<\/p>\n<p>8. He has acknowledged issues with emerging market which could lead to federal policy change in future as well.<\/p>\n<p>9. Federal tightening policy (increasing interest rate) has impacted on several emerging economies negatively.<\/p>\n<p>10. For example, currency depreciation in Turkey and Brazil.<\/p>\n<p>11. India too has raised interest rate twice to avoid currency depreciation.<\/p>\n<p>12. It has been seen in past, The US central bank policy does not address the concern of emerging economies.<\/p>\n<p>13. Change in the US federal policy can have a significant impact on rest of the world.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Powell doctrine News: US central bank chairmen in favor increasing interest rate gradually. Important Facts: 2. According to recent data, the US economy is growing at a strong pace. 3. Unemployment figure touching 20 year low and inflation is close to target of 2 %. 4. Central Bank chief has supported the gradually increase in&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/powell-doctrine\/\">Continue reading <span class=\"screen-reader-text\">Powell doctrine<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[555],"tags":[],"class_list":["post-27792","post","type-post","status-publish","format-standard","hentry","category-test-1","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704724337},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/27792","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=27792"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/27792\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=27792"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=27792"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=27792"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}