{"id":32486,"date":"2024-08-23T17:13:09","date_gmt":"2024-08-24T00:13:09","guid":{"rendered":"https:\/\/cbs26.com\/index.php\/2024\/08\/23\/fed-chair-time-has-come-to-reduce-interest-rate\/"},"modified":"2024-08-23T17:13:09","modified_gmt":"2024-08-24T00:13:09","slug":"fed-chair-time-has-come-to-reduce-interest-rate","status":"publish","type":"post","link":"https:\/\/cbs26.com\/index.php\/2024\/08\/23\/fed-chair-time-has-come-to-reduce-interest-rate\/","title":{"rendered":"Fed Chair: &#8216;Time has come&#8217; to reduce interest rate"},"content":{"rendered":"<div><img decoding=\"async\" src=\"http:\/\/cbs26.com\/wp-content\/uploads\/2024\/08\/924AF466335149D2789644E703A3ABDC.jpg\"><\/p>\n<div>The head of the Federal Reserve has finally said something that many economists have been waiting for, as Jerome Powell said &#8216;the time has come&#8217; to lower the interest rate from its current two-decade high. It has been more than two years since the Fed began raising interest rates in an effort to bring down inflation. The rate of inflation currently stands at just below two percent.<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The head of the Federal Reserve has finally said something that many economists have been&#8230;<\/p>\n","protected":false},"author":1,"featured_media":32487,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Fed Chair: &#039;Time has come&#039; to reduce interest rate - CBS26 Arizona<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cbs26.com\/index.php\/2024\/08\/23\/fed-chair-time-has-come-to-reduce-interest-rate\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fed Chair: &#039;Time has come&#039; 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