{"id":216587,"date":"2024-12-18T09:45:00","date_gmt":"2024-12-18T14:45:00","guid":{"rendered":"https:\/\/ibkrcampus.com\/campus\/?p=216587"},"modified":"2025-01-27T12:52:53","modified_gmt":"2025-01-27T17:52:53","slug":"all-eyes-on-december-fed-meeting-as-traders-await-interest-rate-projections","status":"publish","type":"post","link":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/all-eyes-on-december-fed-meeting-as-traders-await-interest-rate-projections\/","title":{"rendered":"All Eyes On December Fed Meeting As Traders Await Interest Rate Projections"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" id=\"h-zinger-key-points\">Zinger Key Points<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The Fed is expected to cut rates by 0.25%, bringing them to 4.25%-4.50%, its third consecutive cut in 2024.<\/li>\n\n\n\n<li>Markets focus on the updated dot plot and inflation forecasts, which could reshape 2025 interest rate expectations.<\/li>\n<\/ul>\n\n\n\n<p>Policymakers are expected to lower the federal funds rate by 0.25%, bringing it to a target range of 4.25%-4.50%.<\/p>\n\n\n\n<p>While the move has been widely anticipated, traders are less concerned about the cut itself and more focused on the Fed&#8217;s forward-looking guidance \u2014 particularly the updated Summary of Economic Projections (SEP) and the closely watched &#8220;dot plot.&#8221;<\/p>\n\n\n\n<p>Here\u2019s what you need to know.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">December\u2019s Dot Plot, Inflation Forecasts Likely To Show Hawkish Revisions<\/h2>\n\n\n\n<p>In September, the Fed&#8217;s dot plot \u2013 a chart that shows where each policymaker thinks interest rates should be in the future \u2013&nbsp;projected the federal funds rate would finish 2024 at a median level of 4.4%.<\/p>\n\n\n\n<p>The expected 0.25% cut at this meeting aligns with that projection, leaving little surprise on the surface.<\/p>\n\n\n\n<p>Yet, the December SEP will offer a glimpse into the Fed&#8217;s plans for 2025 and beyond, potentially reshaping market expectations.<\/p>\n\n\n\n<p>Back in September, the Fed forecasted 100 basis points of rate cuts in 2025, signaling four 0.25% reductions over the year. But with recent data showing hotter-than-expected inflation and stronger economic growth, policymakers are expected to scale back these projections.<\/p>\n\n\n\n<p>Analysts are split on a downward revision of 25 to 50 basis points, implying only two or three rate cuts in 2025. This adjustment would reflects a more cautious approach by the Fed.<\/p>\n\n\n\n<p>Fed futures \u2013 which reflects market-based interest rate expectations \u2013 currently assign a 74% chance on two rate cuts by December 2025, and 26% odds indicating three or more cuts, as per CME FedWatch.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Fed\u2019s Summary of Economic Projections \u2013 September 2024<\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Variable<\/th><th>2024<\/th><th>2025<\/th><th>2026<\/th><th>2027<\/th><th>Longer Run<\/th><\/tr><\/thead><tbody><tr><td><strong>Change in real GDP<\/strong><\/td><td><strong>2.0<\/strong><\/td><td><strong>2.0<\/strong><\/td><td><strong>2.0<\/strong><\/td><td><strong>2.0<\/strong><\/td><td><strong>1.8<\/strong><\/td><\/tr><tr><td><strong>Unemployment rate<\/strong><\/td><td><strong>4.4<\/strong><\/td><td><strong>4.4<\/strong><\/td><td><strong>4.3<\/strong><\/td><td><strong>4.2<\/strong><\/td><td><\/td><\/tr><tr><td><strong>PCE inflation<\/strong><\/td><td><strong>2.3<\/strong><\/td><td><strong>2.1<\/strong><\/td><td><strong>2.0<\/strong><\/td><td><strong>2.0<\/strong><\/td><td><strong>2.0<\/strong><\/td><\/tr><tr><td><strong>Core PCE inflation<\/strong><\/td><td><strong>2.6<\/strong><\/td><td><strong>2.1<\/strong><\/td><td><strong>2.0<\/strong><\/td><td><strong>2.0<\/strong><\/td><td><\/td><\/tr><tr><td><strong>Federal funds rate<\/strong><\/td><td><strong>4.4<\/strong><\/td><td><strong>3.4<\/strong><\/td><td><strong>2.9<\/strong><\/td><td><strong>2.9<\/strong><\/td><td><strong>2.9<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Inflation Forecasts: The Fed&#8217;s Roadmap To 2% At Stake<\/h2>\n\n\n\n<p>Inflation remains the Fed&#8217;s top concern.<\/p>\n\n\n\n<p>In September, the Fed projected that the PCE price index would decline from 2.3% in 2024 to 2.1% in 2025, eventually hitting the 2% target in 2026. Core PCE inflation \u2014 its preferred inflation gauge \u2014 was expected to fall from 2.6% in 2024 to 2.1% in 2025.<\/p>\n\n\n\n<p>If the updated projections indicate a slower return to the 2% target, it could signal a prolonged pause in rate cuts, underscoring the Fed&#8217;s struggle to balance its inflation mandate with economic growth.<\/p>\n\n\n\n<p>Markets will be on high alert for any language from Fed Chair<strong>&nbsp;Jerome Powell<\/strong>&nbsp;that hints at inflation&#8217;s persistence.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Market Dynamics And Powell&#8217;s Tightrope<\/h2>\n\n\n\n<p>Fed meetings this year have delivered positive reactions by stocks.<\/p>\n\n\n\n<p>Buying the S&amp;P 500 index at market close the day before a Fed meeting and selling the day after has yielded a median gain of 1.1% over the last seven meetings. Extending the holding period to 15 days boosts the average profit to 3.29%, more than double the one-day return.<\/p>\n\n\n\n<p>Yet, Powell has a delicate task ahead.<\/p>\n\n\n\n<p>At his last public appearance on Dec. 4, Powell acknowledged the Fed&#8217;s improved growth outlook but cautioned that inflation has proven more persistent than expected.<\/p>\n\n\n\n<p>&#8220;We can afford to be a little more cautious as we try to find neutral,&#8221; he said, striking a tone that hints at flexibility but leaves markets guessing.<\/p>\n\n\n\n<p>The press conference following the December meeting will be pivotal. Powell must thread the needle between reassuring investors about disinflation progress and addressing inflation&#8217;s recent uptick.<\/p>\n\n\n\n<p>A hawkish tone \u2014 emphasizing inflation risks \u2014 could jolt markets with renewed volatility, while a dovish stance might fuel optimism and risk-taking.<\/p>\n\n\n\n<p>Bottom line, the last Fed meeting of the year isn&#8217;t just about the interest rate cut, as the real action lies in the updated Summary of Economic Projections and Powell&#8217;s remarks.<\/p>\n\n\n\n<p>Investors will be dissecting every word for clues about the Fed&#8217;s strategy heading into 2025.<\/p>\n\n\n\n<p>If Powell strikes the right balance, markets could rally into the new year. If not, expect a rollercoaster ride as traders recalibrate their expectations for the Fed&#8217;s next moves.<\/p>\n\n\n\n<p>&#8212;<\/p>\n\n\n\n<p>Originally Posted December 18, 2024 &#8211; <a href=\"https:\/\/www.benzinga.com\/economics\/macro-economic-events\/24\/12\/42554114\/all-eyes-on-december-fed-meeting-as-traders-await-interest-rate-projections\">All Eyes On December Fed Meeting As Traders Await Interest Rate Projections<\/a><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Fed is expected to cut rates by 0.25%, bringing them to 4.25%-4.50%, its third consecutive cut in 2024.<\/p>\n","protected":false},"author":1128,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[18,6,8,9,26,3],"tags":[1833,610,1685],"contributors-categories":[13584],"class_list":{"0":"post-216587","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-macro","7":"category-north-america","8":"category-region","9":"category-securities","10":"category-text-articles","11":"category-traders-insight","12":"tag-fed-meeting","13":"tag-interest-rate","14":"tag-macro","15":"contributors-categories-benzinga"},"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>All Eyes On December Fed Meeting As Traders Await Interest Rate Projections<\/title>\n<meta name=\"description\" content=\"The Fed is expected to cut rates by 0.25%, bringing them to 4.25%-4.50%, its third consecutive cut in 2024.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/216587\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"All Eyes On December Fed Meeting As Traders Await Interest Rate Projections | IBKR Campus US\" \/>\n<meta property=\"og:description\" content=\"The Fed is expected to cut rates by 0.25%, bringing them to 4.25%-4.50%, its third consecutive cut in 2024.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/all-eyes-on-december-fed-meeting-as-traders-await-interest-rate-projections\/\" \/>\n<meta property=\"og:site_name\" content=\"IBKR Campus US\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-18T14:45:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-01-27T17:52:53+00:00\" \/>\n<meta name=\"author\" content=\"Piero Cingari\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Piero Cingari\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\n\t    \"@context\": \"https:\\\/\\\/schema.org\",\n\t    \"@graph\": [\n\t        {\n\t            \"@type\": \"NewsArticle\",\n\t            \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/all-eyes-on-december-fed-meeting-as-traders-await-interest-rate-projections\\\/#article\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/all-eyes-on-december-fed-meeting-as-traders-await-interest-rate-projections\\\/\"\n\t            },\n\t            \"author\": {\n\t                \"name\": \"Piero Cingari\",\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/person\\\/2e1deb46bf9913df17d7a772edadc24b\"\n\t            },\n\t            \"headline\": \"All Eyes On December Fed Meeting As Traders Await Interest Rate Projections\",\n\t            \"datePublished\": \"2024-12-18T14:45:00+00:00\",\n\t            \"dateModified\": \"2025-01-27T17:52:53+00:00\",\n\t            \"mainEntityOfPage\": {\n\t                \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/all-eyes-on-december-fed-meeting-as-traders-await-interest-rate-projections\\\/\"\n\t            },\n\t            \"wordCount\": 687,\n\t            \"commentCount\": 0,\n\t            \"publisher\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\"\n\t            },\n\t            \"keywords\": [\n\t                \"Fed Meeting\",\n\t                \"interest rate\",\n\t                \"macro\"\n\t            ],\n\t            \"articleSection\": [\n\t                \"Macro\",\n\t                \"North America\",\n\t                \"Region\",\n\t                \"Securities\",\n\t                \"Text Articles\",\n\t                \"Traders' Insight\"\n\t            ],\n\t            \"inLanguage\": \"en-US\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"CommentAction\",\n\t                    \"name\": \"Comment\",\n\t                    \"target\": [\n\t                        \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/all-eyes-on-december-fed-meeting-as-traders-await-interest-rate-projections\\\/#respond\"\n\t                    ]\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"WebPage\",\n\t            \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/all-eyes-on-december-fed-meeting-as-traders-await-interest-rate-projections\\\/\",\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/all-eyes-on-december-fed-meeting-as-traders-await-interest-rate-projections\\\/\",\n\t            \"name\": \"All Eyes On December Fed Meeting As Traders Await Interest Rate Projections | IBKR Campus US\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#website\"\n\t            },\n\t            \"datePublished\": \"2024-12-18T14:45:00+00:00\",\n\t            \"dateModified\": \"2025-01-27T17:52:53+00:00\",\n\t            \"description\": \"The Fed is expected to cut rates by 0.25%, bringing them to 4.25%-4.50%, its third consecutive cut in 2024.\",\n\t            \"inLanguage\": \"en-US\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"ReadAction\",\n\t                    \"target\": [\n\t                        \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/all-eyes-on-december-fed-meeting-as-traders-await-interest-rate-projections\\\/\"\n\t                    ]\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"WebSite\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#website\",\n\t            \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/\",\n\t            \"name\": \"IBKR Campus US\",\n\t            \"description\": \"Financial Education from Interactive Brokers\",\n\t            \"publisher\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\"\n\t            },\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"SearchAction\",\n\t                    \"target\": {\n\t                        \"@type\": \"EntryPoint\",\n\t                        \"urlTemplate\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/?s={search_term_string}\"\n\t                    },\n\t                    \"query-input\": {\n\t                        \"@type\": \"PropertyValueSpecification\",\n\t                        \"valueRequired\": true,\n\t                        \"valueName\": \"search_term_string\"\n\t                    }\n\t                }\n\t            ],\n\t            \"inLanguage\": \"en-US\"\n\t        },\n\t        {\n\t            \"@type\": \"Organization\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\",\n\t            \"name\": \"Interactive Brokers\",\n\t            \"alternateName\": \"IBKR\",\n\t            \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/\",\n\t            \"logo\": {\n\t                \"@type\": \"ImageObject\",\n\t                \"inLanguage\": \"en-US\",\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/logo\\\/image\\\/\",\n\t                \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ibkr-campus-logo.jpg\",\n\t                \"contentUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ibkr-campus-logo.jpg\",\n\t                \"width\": 669,\n\t                \"height\": 669,\n\t                \"caption\": \"Interactive Brokers\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/logo\\\/image\\\/\"\n\t            },\n\t            \"publishingPrinciples\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/about-ibkr-campus\\\/\",\n\t            \"ethicsPolicy\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/cyber-security-notice\\\/\"\n\t        },\n\t        {\n\t            \"@type\": \"Person\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/person\\\/2e1deb46bf9913df17d7a772edadc24b\",\n\t            \"name\": \"Piero Cingari\",\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/author\\\/piero-cingari\\\/\"\n\t        }\n\t    ]\n\t}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"All Eyes On December Fed Meeting As Traders Await Interest Rate Projections","description":"The Fed is expected to cut rates by 0.25%, bringing them to 4.25%-4.50%, its third consecutive cut in 2024.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/216587\/","og_locale":"en_US","og_type":"article","og_title":"All Eyes On December Fed Meeting As Traders Await Interest Rate Projections | IBKR Campus US","og_description":"The Fed is expected to cut rates by 0.25%, bringing them to 4.25%-4.50%, its third consecutive cut in 2024.","og_url":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/all-eyes-on-december-fed-meeting-as-traders-await-interest-rate-projections\/","og_site_name":"IBKR Campus US","article_published_time":"2024-12-18T14:45:00+00:00","article_modified_time":"2025-01-27T17:52:53+00:00","author":"Piero Cingari","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Piero Cingari","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/all-eyes-on-december-fed-meeting-as-traders-await-interest-rate-projections\/#article","isPartOf":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/all-eyes-on-december-fed-meeting-as-traders-await-interest-rate-projections\/"},"author":{"name":"Piero Cingari","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/person\/2e1deb46bf9913df17d7a772edadc24b"},"headline":"All Eyes On December Fed Meeting As Traders Await Interest Rate Projections","datePublished":"2024-12-18T14:45:00+00:00","dateModified":"2025-01-27T17:52:53+00:00","mainEntityOfPage":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/all-eyes-on-december-fed-meeting-as-traders-await-interest-rate-projections\/"},"wordCount":687,"commentCount":0,"publisher":{"@id":"https:\/\/ibkrcampus.com\/campus\/#organization"},"keywords":["Fed Meeting","interest rate","macro"],"articleSection":["Macro","North America","Region","Securities","Text Articles","Traders' Insight"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/all-eyes-on-december-fed-meeting-as-traders-await-interest-rate-projections\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/all-eyes-on-december-fed-meeting-as-traders-await-interest-rate-projections\/","url":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/all-eyes-on-december-fed-meeting-as-traders-await-interest-rate-projections\/","name":"All Eyes On December Fed Meeting As Traders Await Interest Rate Projections | IBKR Campus US","isPartOf":{"@id":"https:\/\/ibkrcampus.com\/campus\/#website"},"datePublished":"2024-12-18T14:45:00+00:00","dateModified":"2025-01-27T17:52:53+00:00","description":"The Fed is expected to cut rates by 0.25%, bringing them to 4.25%-4.50%, its third consecutive cut in 2024.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/all-eyes-on-december-fed-meeting-as-traders-await-interest-rate-projections\/"]}]},{"@type":"WebSite","@id":"https:\/\/ibkrcampus.com\/campus\/#website","url":"https:\/\/ibkrcampus.com\/campus\/","name":"IBKR Campus US","description":"Financial Education from Interactive Brokers","publisher":{"@id":"https:\/\/ibkrcampus.com\/campus\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ibkrcampus.com\/campus\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ibkrcampus.com\/campus\/#organization","name":"Interactive Brokers","alternateName":"IBKR","url":"https:\/\/ibkrcampus.com\/campus\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/logo\/image\/","url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ibkr-campus-logo.jpg","contentUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ibkr-campus-logo.jpg","width":669,"height":669,"caption":"Interactive Brokers"},"image":{"@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/logo\/image\/"},"publishingPrinciples":"https:\/\/www.interactivebrokers.com\/campus\/about-ibkr-campus\/","ethicsPolicy":"https:\/\/www.interactivebrokers.com\/campus\/cyber-security-notice\/"},{"@type":"Person","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/person\/2e1deb46bf9913df17d7a772edadc24b","name":"Piero Cingari","url":"https:\/\/www.interactivebrokers.com\/campus\/author\/piero-cingari\/"}]}},"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts\/216587","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/users\/1128"}],"replies":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/comments?post=216587"}],"version-history":[{"count":0,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts\/216587\/revisions"}],"wp:attachment":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/media?parent=216587"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/categories?post=216587"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/tags?post=216587"},{"taxonomy":"contributors-categories","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/contributors-categories?post=216587"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}