{"id":10767,"date":"2025-04-07T04:46:56","date_gmt":"2025-04-07T02:46:56","guid":{"rendered":"https:\/\/wsj-crypto.com\/?p=10767"},"modified":"2025-04-07T04:46:56","modified_gmt":"2025-04-07T02:46:56","slug":"bsp-set-to-reignite-easing-trends-insights-from-recent-poll","status":"publish","type":"post","link":"https:\/\/wsj-crypto.com\/index.php\/2025\/04\/07\/bsp-set-to-reignite-easing-trends-insights-from-recent-poll\/","title":{"rendered":"BSP Set to Reignite Easing Trends \u2013 Insights from Recent Poll"},"content":{"rendered":"

<\/p>\n

By Luisa Maria Jacinta C. Jocson, <\/b>Senior Correspondent<\/i><\/p>\n

THE BANGKO SENTRAL ng Pilipinas<\/span> (BSP) is anticipated to lower rates this <\/span>week as subdued inflation and the US\u2019 <\/span>tar<\/span>iff strategy will provide it ample leeway to recommence its rate-reducing cycle, analysts indicated.<\/p>\n

A BusinessWorld<\/i> survey conducted last week revealed that all 17 analysts consulted predict the Monetary Board will trim the target reverse repurchase rate by 25 basis points (bps) during its policy session on April 10.<\/p>\n

If this materializes, the benchmark rate would decrease to 5.5% from the existing 5.75%.<\/p>\n

<\/a>The central bank maintained interest rates stable in February as it awaited developments in global trade uncertainties. It lowered borrowing costs by a cumulative 75 bps in 2024.<\/p>\n

\u201cThe opportunity to further ease has now expanded, as domestic factors have become increasingly favorable for a rate reduction,\u201d stated HSBC economist for ASEAN Aris D. Dacanay.<\/p>\n

Bank of the Philippine Islands Lead Economist Emilio S. Neri, Jr. expressed there is a \u201c90% chance\u201d that the Monetary Board will decrease rates by 25 bps on Thursday.<\/p>\n

\u201cWe anticipate a gradual reduction due to the lower-than-expected inflation for March and the necessity to bolster economic growth in light of rising global tariffs,\u201d said Angelo B. Taningco, Vice-President and Head of Research Division at Security Bank Corp.<\/p>\n

Economist Alvin Joseph A. Arogo from Philippine National Bank remarked that additional easing will be warranted by \u201clow inflation, increased chances of a Fed rate cut, and a comparatively favorable reciprocal tariff in relation to other Asian nations.\u201d<\/span><\/p>\n

\u201cWe believe there is space for a \u2018baby-step\u2019 rate reduction despite global trade uncertainties. A significant factor is the ongoing deflation narrative, with inflation stabilizing within the government\u2019s inflation target of 2-4%,\u201d said Ruben Carlo O. Asuncion, chief economist at Union Bank of the Philippines, Inc.<\/p>\n

SLOWING INFLATION
\n<\/b>The March inflation report is one of the key metrics that will motivate the central bank to reduce rates this week, analysts asserted.<\/p>\n

March inflation declined to 1.8% in March from 2.1% in February, marking its slowest rate in nearly five years.<\/span><\/p>\n

Inflation averaged 2.2% in the first quarter, comfortably within the central bank\u2019s 2-4% target.<\/p>\n

\u201cI\u2019m predicting the (Monetary) Board to resume easing (this week), with a 25-bp reduction to the target reverse repo rate,\u201d stated Miguel Chanco, Chief Emerging Asia Economist at Pantheon Macroeconomics.<\/p>\n

He indicated that the recent inflation figures \u201cstrongly suggest that the BSP retains substantial latitude to nominally lower rates while adhering to its objective of pursuing a \u2018less-restrictive\u2019 policy.\u201d<\/p>\n

Nicholas Antonio T. Mapa, chief economist at Metropolitan Bank & Trust Co., noted that the data thus far \u201cindicates the necessity and potential for easing.\u201d<\/p>\n

\u201cInflation resides at the lower limit of the target; risk-adjusted inflation forecasts point to consistent target inflation this year and next, while growth is anticipated to fall short of target for a third consecutive year,\u201d he added.<\/p>\n

Citi Economist for the Philippines Nalin Chutchotitham stated that the sub-2% inflation \u201cstrengthens the argument for an April policy rate reduction.\u201d<\/p>\n

\u201cWhile expected to rise from April, we forecast inflation to remain firmly within the lower half of the BSP\u2019s target range for the remainder of 2025 and have lowered our 2025 inflation projection to 2.2%,\u201d she explained.<\/p>\n

The BSP\u2019s baseline forecasts for inflation are set at 3.5% for 2025 to 2026. Considering risks, inflation could reach 3.7% in 2026.<\/p>\n

\u201cWith inflation significantly lower than the BSP\u2019s risk-adjusted inflation projections, we anticipate the central bank will revise its inflation forecast downward next week,\u201d Mr. Dacanay remarked.<\/p>\n

\u201cWith inflation decreased, the real policy rate has expanded sufficiently for the BSP to make cuts even without a similar move from the Fed. All is well,\u201d he concluded.<\/p>\n

TRUMP TARIFFS
\n<\/b>Conversely, analysts indicated that the central bank will be capable of factoring in the tariff implications and adjust interest rates accordingly.<\/p>\n

\u201cA reduction in interest rates would provide additional support for the Philippine economy amidst challenges posed by elevated US tariffs,\u201d stated Chinabank Research.<\/p>\n

\u201cReduced borrowing costs, which is advantageous for investments, could mitigate the effects of potentially diminished external demand and sustain the economy\u2019s upward growth path.\u201d<\/p>\n

ING Regional Head of Research for Asia-Pacific Deepali Bhargava mentioned that the \u201cglobal growth uncertainty\u201d resulting from US tariffs has enhanced expectations of a rate decrease.<\/p>\n

Last week, the Philippines was not immune to US President Donald J. Trump\u2019s announcement of extensive tariffs affecting all trading partners. He implemented a 17% reciprocal tariff on all Philippine exports to the US, effective April 9.<\/span><\/p>\n

Although this rate is higher than the 10% baseline tariff levied on most nations, the US tariff on the Philippines was the second lowest in Southeast Asia, following Singapore (10%).<\/span><\/p>\n

Nonetheless, Chinabank Research observed that the Philippines is somewhat insulated from tariffs compared to its regional counterparts because of its strong domestic demand and the relatively lower tariff.<\/p>\n

\u201cAdditionally, a less restrictive monetary policy might help mitigate the negative effects of an intensifying global trade war on the Philippine economy,\u201d it added.<\/p>\n

The stabilizing currency will also enable the BSP to make further rate cuts, analysts noted.<\/p>\n

\u201cThe peso further appreciated against the US dollar as of March, reaching P57 levels, the strongest for the peso in over five months, which could enhance import prices and overall inflation, thus supporting additional monetary easing moving forward,\u201d stated Michael L. Ricafort, Chief Economist at Rizal Commercial Banking Corp.<\/p>\n

The peso closed at P57.21 against the dollar at the end of March, strengthening by 78.5 centavos from P57.995 at the end of February.<\/p>\n

\u201cAn inflation rate that remains within the target range and a generally stable peso will give the BSP the assurance to implement a rate cut, even though the US Fed maintained interest rates steady in March,\u201d remarked Sarah Tan, economist at Moody\u2019s Analytics.<\/p>\n

Last month, the US central bank held its benchmark overnight rate steady in the 4.25%-4.5% range amid expectations of rising prices preceding Mr. Trump\u2019s tariff proposal.<\/p>\n

\u201cWe uphold our view that the 100-bp resultant interest rate differential with the Fed remains a comfortable level unlikely to generate significant capital outflows or a sharp depreciation of the peso that could exacerbate inflationary pressures,\u201d Chinabank Research further noted.<\/p>\n

FURTHER CUTS?
\n<\/b>Analysts conveyed that the central bank is most likely to persist on its easing trajectory for the remainder of the year.<\/p>\n

\u201cNevertheless, the latest figures should provide the Monetary Board sufficient confidence to resume its easing cycle next week; we foresee a 25-bp reduction this month, succeeded by an additional 75 bp worth of easing by year-end,\u201d stated Mr. Chanco.<\/p>\n

After April, Ms. Chuchotitham indicated she anticipates the BSP to implement rate cuts in August and December in increments of 25 bps.<\/p>\n

\u201cRestarting the easing cycle will furnish much-needed support to domestic demand, particularly with the reserve requirement ratio reduced to 5% last week, making the BSP\u2019s monetary transmission more effective,\u201d commented Mr. Dacanay.<\/p>\n

\u201cCredit demand in the economy remains lukewarm, while consumption is still subdued as high interest rates have diminished the demand for large purchases.\u201d<\/p>\n

Recent data from the BSP showed that bank lending growth decelerated to 12.2% in February from 12.8% in January.<\/p>\n

\u201cLowering the policy rate will also bolster the domestic economy at a time when uncertainties loom over the outlook for its externally facing sectors,\u201d Ms. Tan remarked.<\/p>\n

Oikonomia Advisory & Research, Inc. economist Reinielle Matt M. Erece stated that the BSP should concentrate on promoting growth next.<\/p>\n

\u201cSince inflation is currently floating within the central bank\u2019s targeted levels, it\u2019s time to target another area, namely economic growth,\u201d he mentioned.<\/p>\n

\u201cThe disappointing growth from last quarter highlights the necessity for policy measures such as monetary policy easing to stimulate consumer demand and business activity.\u201d<\/p>\n

Conversely, Chinabank Research noted that the central bank will likely remain cautious as it evaluates the impact of global policies on the domestic economy.<\/span><\/p>\n


\n
Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

By Luisa Maria Jacinta C. Jocson, Senior Correspondent THE BANGKO SENTRAL ng Pilipinas (BSP) is anticipated to lower rates this week as subdued inflation and the US\u2019 tariff strategy will provide it ample leeway to recommence its rate-reducing cycle, analysts indicated. A BusinessWorld survey conducted last week revealed that all 17 analysts consulted predict the<\/p>\n","protected":false},"author":3,"featured_media":10768,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[2026],"class_list":["post-10767","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy-and-markets","tag-return-a-list-of-comma-separated-tags-from-this-title-bsp-to-resume-easing-poll"],"yoast_head":"\nBSP Set to Reignite Easing Trends \u2013 Insights from Recent Poll - WSJ-Crypto<\/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:\/\/wsj-crypto.com\/index.php\/2025\/04\/07\/bsp-set-to-reignite-easing-trends-insights-from-recent-poll\/\" \/>\n<meta property=\"og:locale\" content=\"it_IT\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BSP Set to Reignite Easing Trends \u2013 Insights from Recent Poll - WSJ-Crypto\" \/>\n<meta property=\"og:description\" content=\"By Luisa Maria Jacinta C. Jocson, Senior Correspondent THE BANGKO SENTRAL ng Pilipinas (BSP) is anticipated to lower rates this week as subdued inflation and the US\u2019 tariff strategy will provide it ample leeway to recommence its rate-reducing cycle, analysts indicated. A BusinessWorld survey conducted last week revealed that all 17 analysts consulted predict the\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wsj-crypto.com\/index.php\/2025\/04\/07\/bsp-set-to-reignite-easing-trends-insights-from-recent-poll\/\" \/>\n<meta property=\"og:site_name\" content=\"WSJ-Crypto\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-07T02:46:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wsj-crypto.com\/wp-content\/uploads\/2025\/04\/54433753033_f96b51e92b_o-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"822\" \/>\n\t<meta property=\"og:image:height\" content=\"2560\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"wsjcrypto\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Scritto da\" \/>\n\t<meta name=\"twitter:data1\" content=\"wsjcrypto\" \/>\n\t<meta name=\"twitter:label2\" content=\"Tempo di lettura stimato\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minuti\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wsj-crypto.com\/index.php\/2025\/04\/07\/bsp-set-to-reignite-easing-trends-insights-from-recent-poll\/\",\"url\":\"https:\/\/wsj-crypto.com\/index.php\/2025\/04\/07\/bsp-set-to-reignite-easing-trends-insights-from-recent-poll\/\",\"name\":\"BSP Set to Reignite Easing Trends \u2013 Insights from Recent Poll - WSJ-Crypto\",\"isPartOf\":{\"@id\":\"https:\/\/wsj-crypto.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wsj-crypto.com\/index.php\/2025\/04\/07\/bsp-set-to-reignite-easing-trends-insights-from-recent-poll\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wsj-crypto.com\/index.php\/2025\/04\/07\/bsp-set-to-reignite-easing-trends-insights-from-recent-poll\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wsj-crypto.com\/wp-content\/uploads\/2025\/04\/54433753033_f96b51e92b_o-scaled.jpg\",\"datePublished\":\"2025-04-07T02:46:56+00:00\",\"author\":{\"@id\":\"https:\/\/wsj-crypto.com\/#\/schema\/person\/88a93723b30416db1a352d5a0096c4a7\"},\"breadcrumb\":{\"@id\":\"https:\/\/wsj-crypto.com\/index.php\/2025\/04\/07\/bsp-set-to-reignite-easing-trends-insights-from-recent-poll\/#breadcrumb\"},\"inLanguage\":\"it-IT\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wsj-crypto.com\/index.php\/2025\/04\/07\/bsp-set-to-reignite-easing-trends-insights-from-recent-poll\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"it-IT\",\"@id\":\"https:\/\/wsj-crypto.com\/index.php\/2025\/04\/07\/bsp-set-to-reignite-easing-trends-insights-from-recent-poll\/#primaryimage\",\"url\":\"https:\/\/wsj-crypto.com\/wp-content\/uploads\/2025\/04\/54433753033_f96b51e92b_o-scaled.jpg\",\"contentUrl\":\"https:\/\/wsj-crypto.com\/wp-content\/uploads\/2025\/04\/54433753033_f96b51e92b_o-scaled.jpg\",\"width\":822,\"height\":2560},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wsj-crypto.com\/index.php\/2025\/04\/07\/bsp-set-to-reignite-easing-trends-insights-from-recent-poll\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wsj-crypto.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"BSP Set to Reignite Easing Trends \u2013 Insights from Recent Poll\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wsj-crypto.com\/#website\",\"url\":\"https:\/\/wsj-crypto.com\/\",\"name\":\"WSJ-Crypto\",\"description\":\"Just Another Crypto News Website\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wsj-crypto.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"it-IT\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/wsj-crypto.com\/#\/schema\/person\/88a93723b30416db1a352d5a0096c4a7\",\"name\":\"wsjcrypto\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"it-IT\",\"@id\":\"https:\/\/wsj-crypto.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/86fe8af82ea089646d6639ca2f87e0243d8688d957bd8e3ec22ec3c457cc16d4?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/86fe8af82ea089646d6639ca2f87e0243d8688d957bd8e3ec22ec3c457cc16d4?s=96&d=mm&r=g\",\"caption\":\"wsjcrypto\"},\"url\":\"https:\/\/wsj-crypto.com\/index.php\/author\/wsjcrypto\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"BSP Set to Reignite Easing Trends \u2013 Insights from Recent Poll - WSJ-Crypto","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:\/\/wsj-crypto.com\/index.php\/2025\/04\/07\/bsp-set-to-reignite-easing-trends-insights-from-recent-poll\/","og_locale":"it_IT","og_type":"article","og_title":"BSP Set to Reignite Easing Trends \u2013 Insights from Recent Poll - WSJ-Crypto","og_description":"By Luisa Maria Jacinta C. Jocson, Senior Correspondent THE BANGKO SENTRAL ng Pilipinas (BSP) is anticipated to lower rates this week as subdued inflation and the US\u2019 tariff strategy will provide it ample leeway to recommence its rate-reducing cycle, analysts indicated. A BusinessWorld survey conducted last week revealed that all 17 analysts consulted predict the","og_url":"https:\/\/wsj-crypto.com\/index.php\/2025\/04\/07\/bsp-set-to-reignite-easing-trends-insights-from-recent-poll\/","og_site_name":"WSJ-Crypto","article_published_time":"2025-04-07T02:46:56+00:00","og_image":[{"width":822,"height":2560,"url":"https:\/\/wsj-crypto.com\/wp-content\/uploads\/2025\/04\/54433753033_f96b51e92b_o-scaled.jpg","type":"image\/jpeg"}],"author":"wsjcrypto","twitter_card":"summary_large_image","twitter_misc":{"Scritto da":"wsjcrypto","Tempo di lettura stimato":"6 minuti"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/wsj-crypto.com\/index.php\/2025\/04\/07\/bsp-set-to-reignite-easing-trends-insights-from-recent-poll\/","url":"https:\/\/wsj-crypto.com\/index.php\/2025\/04\/07\/bsp-set-to-reignite-easing-trends-insights-from-recent-poll\/","name":"BSP Set to Reignite Easing Trends \u2013 Insights from Recent Poll - WSJ-Crypto","isPartOf":{"@id":"https:\/\/wsj-crypto.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wsj-crypto.com\/index.php\/2025\/04\/07\/bsp-set-to-reignite-easing-trends-insights-from-recent-poll\/#primaryimage"},"image":{"@id":"https:\/\/wsj-crypto.com\/index.php\/2025\/04\/07\/bsp-set-to-reignite-easing-trends-insights-from-recent-poll\/#primaryimage"},"thumbnailUrl":"https:\/\/wsj-crypto.com\/wp-content\/uploads\/2025\/04\/54433753033_f96b51e92b_o-scaled.jpg","datePublished":"2025-04-07T02:46:56+00:00","author":{"@id":"https:\/\/wsj-crypto.com\/#\/schema\/person\/88a93723b30416db1a352d5a0096c4a7"},"breadcrumb":{"@id":"https:\/\/wsj-crypto.com\/index.php\/2025\/04\/07\/bsp-set-to-reignite-easing-trends-insights-from-recent-poll\/#breadcrumb"},"inLanguage":"it-IT","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wsj-crypto.com\/index.php\/2025\/04\/07\/bsp-set-to-reignite-easing-trends-insights-from-recent-poll\/"]}]},{"@type":"ImageObject","inLanguage":"it-IT","@id":"https:\/\/wsj-crypto.com\/index.php\/2025\/04\/07\/bsp-set-to-reignite-easing-trends-insights-from-recent-poll\/#primaryimage","url":"https:\/\/wsj-crypto.com\/wp-content\/uploads\/2025\/04\/54433753033_f96b51e92b_o-scaled.jpg","contentUrl":"https:\/\/wsj-crypto.com\/wp-content\/uploads\/2025\/04\/54433753033_f96b51e92b_o-scaled.jpg","width":822,"height":2560},{"@type":"BreadcrumbList","@id":"https:\/\/wsj-crypto.com\/index.php\/2025\/04\/07\/bsp-set-to-reignite-easing-trends-insights-from-recent-poll\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wsj-crypto.com\/"},{"@type":"ListItem","position":2,"name":"BSP Set to Reignite Easing Trends \u2013 Insights from Recent Poll"}]},{"@type":"WebSite","@id":"https:\/\/wsj-crypto.com\/#website","url":"https:\/\/wsj-crypto.com\/","name":"WSJ-Crypto","description":"Just Another Crypto News Website","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wsj-crypto.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"it-IT"},{"@type":"Person","@id":"https:\/\/wsj-crypto.com\/#\/schema\/person\/88a93723b30416db1a352d5a0096c4a7","name":"wsjcrypto","image":{"@type":"ImageObject","inLanguage":"it-IT","@id":"https:\/\/wsj-crypto.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/86fe8af82ea089646d6639ca2f87e0243d8688d957bd8e3ec22ec3c457cc16d4?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/86fe8af82ea089646d6639ca2f87e0243d8688d957bd8e3ec22ec3c457cc16d4?s=96&d=mm&r=g","caption":"wsjcrypto"},"url":"https:\/\/wsj-crypto.com\/index.php\/author\/wsjcrypto\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wsj-crypto.com\/index.php\/wp-json\/wp\/v2\/posts\/10767","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wsj-crypto.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wsj-crypto.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wsj-crypto.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/wsj-crypto.com\/index.php\/wp-json\/wp\/v2\/comments?post=10767"}],"version-history":[{"count":2,"href":"https:\/\/wsj-crypto.com\/index.php\/wp-json\/wp\/v2\/posts\/10767\/revisions"}],"predecessor-version":[{"id":10770,"href":"https:\/\/wsj-crypto.com\/index.php\/wp-json\/wp\/v2\/posts\/10767\/revisions\/10770"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wsj-crypto.com\/index.php\/wp-json\/wp\/v2\/media\/10768"}],"wp:attachment":[{"href":"https:\/\/wsj-crypto.com\/index.php\/wp-json\/wp\/v2\/media?parent=10767"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wsj-crypto.com\/index.php\/wp-json\/wp\/v2\/categories?post=10767"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wsj-crypto.com\/index.php\/wp-json\/wp\/v2\/tags?post=10767"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}