{"id":117054,"date":"2025-11-02T03:46:09","date_gmt":"2025-11-02T03:46:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/117054\/"},"modified":"2025-11-02T03:46:09","modified_gmt":"2025-11-02T03:46:09","slug":"world-economy-latest-feds-powell-reins-in-rate-cut-expectations","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/117054\/","title":{"rendered":"World Economy Latest: Fed\u2019s Powell Reins in Rate-Cut Expectations"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">Central bankers in North America\u2019s two largest economies lowered borrowing costs this week, though yields on government debt climbed after the heads of US Federal Reserve and the Bank of Canada damped expectations for further reductions by year-end.<\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">The European Central Bank kept borrowing costs unchanged for a third straight meeting, with inflation in check and the economy expanding. The Bank of Japan also left interest rates <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-10-30\/boj-sits-tight-with-two-holdouts-after-pm-takaichi-era-begins\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">on hold<\/a>, though two policymakers dissented in favor of an increase.<\/p>\n","protected":false},"excerpt":{"rendered":"Central bankers in North America\u2019s two largest economies lowered borrowing costs this week, though yields on government debt&hellip;\n","protected":false},"author":2,"featured_media":117055,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,289,70213,1322,11507,4990,113,1961,1523,61,1095,5232,60,24159,7891],"class_list":{"0":"post-117054","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-canada","10":"tag-central-bankers","11":"tag-debt","12":"tag-donald-john-trump","13":"tag-economics","14":"tag-economy","15":"tag-federal-reserve","16":"tag-government","17":"tag-ie","18":"tag-inflation","19":"tag-interest-rates","20":"tag-ireland","21":"tag-jay-powell","22":"tag-north-america"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/117054","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=117054"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/117054\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/117055"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=117054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=117054"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=117054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}