{"id":10695,"date":"2025-09-18T05:41:43","date_gmt":"2025-09-18T05:41:43","guid":{"rendered":"https:\/\/himalhub.com\/?p=10695"},"modified":"2025-09-18T05:41:43","modified_gmt":"2025-09-18T05:41:43","slug":"fed-slashes-rates-amid-hiring-slowdown-trump-demands-more","status":"publish","type":"post","link":"https:\/\/himalhub.com\/?p=10695","title":{"rendered":"Fed Slashes Rates Amid Hiring Slowdown, Trump Demands More"},"content":{"rendered":"<p><strong>Himal Hub\/<\/strong>The U.S. Federal Reserve cut its benchmark interest rate by 0.25% to 4%\u20134.25%, the first cut this year, aiming to support a weakening labor market. Chair Jerome Powell said risks to jobs now outweigh inflation concerns.<\/p>\n<p>President Trump, who has pushed for deeper cuts, recently clashed with the Fed over its independence and attempted to remove Governor Lisa Cook, though courts blocked the move.<\/p>\n<p>The Fed projects two more cuts this year, while dissenting board member Stephen Miran backed a larger half-point reduction.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Himal Hub\/The U.S. Federal Reserve cut its benchmark interest rate by 0.25% to 4%\u20134.25%, the first cut this year, aiming&hellip;<\/p>\n","protected":false},"author":1,"featured_media":10696,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,6,3],"tags":[],"class_list":["post-10695","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financial","category-home","category-news-hub"],"_links":{"self":[{"href":"https:\/\/himalhub.com\/index.php?rest_route=\/wp\/v2\/posts\/10695","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/himalhub.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/himalhub.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/himalhub.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/himalhub.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10695"}],"version-history":[{"count":1,"href":"https:\/\/himalhub.com\/index.php?rest_route=\/wp\/v2\/posts\/10695\/revisions"}],"predecessor-version":[{"id":10697,"href":"https:\/\/himalhub.com\/index.php?rest_route=\/wp\/v2\/posts\/10695\/revisions\/10697"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/himalhub.com\/index.php?rest_route=\/wp\/v2\/media\/10696"}],"wp:attachment":[{"href":"https:\/\/himalhub.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10695"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/himalhub.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10695"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/himalhub.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10695"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}