{"id":23668,"date":"2025-12-19T11:26:18","date_gmt":"2025-12-19T11:26:18","guid":{"rendered":"https:\/\/jcs-charting.com\/sp-500-and-nasdaq-100-slip-after-hot-us-cpi-shifts-fed-rate-outlook\/"},"modified":"2025-12-19T11:26:25","modified_gmt":"2025-12-19T11:26:25","slug":"sp-500-and-nasdaq-100-slip-after-hot-us-cpi-shifts-fed-rate-outlook","status":"publish","type":"post","link":"https:\/\/jcs-charting.com\/de\/sp-500-and-nasdaq-100-slip-after-hot-us-cpi-shifts-fed-rate-outlook\/","title":{"rendered":"S&#038;P 500 and Nasdaq 100 Slip After Hot US CPI Shifts Fed Rate Outlook"},"content":{"rendered":"<h2>Table of Contents<\/h2>\n<ul>\n<li><a href=\"#introduction\">Introduction: S&#038;P 500 and Nasdaq 100 Dip After Hot US CPI Raises Fed Rate Path Concerns<\/a><\/li>\n<li><a href=\"#market-overview\">Market Overview \/ What Happened Today<\/a><\/li>\n<li><a href=\"#macro-drivers\">Central Banks and Macro Drivers: Hotter US CPI<\/a><\/li>\n<li><a href=\"#indices-sectors\">Index and Sector Performance (S&#038;P 500, Nasdaq 100, Dow, Europe, Japan)<\/a><\/li>\n<li><a href=\"#commodities-crypto\">Commodities, Gold, Oil and Bitcoin<\/a><\/li>\n<li><a href=\"#earnings\">Earnings and Company Highlights<\/a><\/li>\n<li><a href=\"#risk-sentiment\">Cross-Asset Signals and Risk Sentiment<\/a><\/li>\n<li><a href=\"#what-it-means\">What This Means for Investors<\/a><\/li>\n<li><a href=\"#key-takeaways\">Key Takeaways and Common Misconceptions<\/a><\/li>\n<li><a href=\"#conclusion\">Conclusion<\/a><\/li>\n<li><a href=\"#risk-disclaimer\">Risk Disclaimer<\/a><\/li>\n<\/ul>\n<h2 id=\"introduction\">Introduction: S&#038;P 500 and Nasdaq 100 Dip After Hot US CPI Raises Fed Rate Path Concerns<\/h2>\n<p>US equities retreated after a hotter\u2011than\u2011expected US inflation report rattled expectations for Federal Reserve rate cuts. The <strong>S&amp;P 500<\/strong> (<strong>^GSPC<\/strong>) fell roughly <strong>0.8%<\/strong>, slipping back toward the mid\u20114,400s area, while the tech\u2011heavy <strong>Nasdaq 100<\/strong> (<strong>^NDX<\/strong>) underperformed with a drop of about <strong>1%\u20131.2%<\/strong>. At the same time, the <strong>US 10\u2011year Treasury yield<\/strong> jumped back up toward the <strong>4.3%\u20134.4%<\/strong> region, reflecting a rapid repricing of the Fed\u2019s policy path after the surprise in the latest <a href=\"https:\/\/www.bls.gov\/cpi\/\" target=\"_blank\" rel=\"noopener\">US CPI report<\/a>.<\/p>\n<p>The main story today: a \u201chot\u201d inflation print has challenged the narrative of imminent, aggressive Fed rate cuts, pressuring growth and tech stocks more than the broader market and triggering cross\u2011asset moves in bonds, commodities and currencies.<\/p>\n<h2 id=\"market-overview\">Market Overview \/ What Happened Today<\/h2>\n<p>Equity markets sold off across the US after the CPI release, with a clear rotation away from high\u2011duration growth names and toward more defensive or rate\u2011sensitive areas.<\/p>\n<table>\n<thead>\n<tr>\n<th>Index<\/th>\n<th>Approx. Level<\/th>\n<th>Daily Move<\/th>\n<th>Comment<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>S&amp;P 500 (^GSPC)<\/td>\n<td>around 4,450<\/td>\n<td>\u2248 \u22120.8%<\/td>\n<td>Broad US market pullback after CPI<\/td>\n<\/tr>\n<tr>\n<td>Nasdaq 100 (^NDX)<\/td>\n<td>around 17,000<\/td>\n<td>\u2248 \u22121.0% to \u22121.2%<\/td>\n<td>Growth\/tech underperformed as yields rose<\/td>\n<\/tr>\n<tr>\n<td>Dow Jones (^DJI)<\/td>\n<td>around 38,000<\/td>\n<td>\u2248 \u22120.4% to \u22120.5%<\/td>\n<td>More resilient, helped by value and defensives<\/td>\n<\/tr>\n<tr>\n<td>DAX 40 (^GDAXI)<\/td>\n<td>just below 18,000<\/td>\n<td>\u2248 \u22120.7%<\/td>\n<td>Europe tracked US rate\u2011repricing fears<\/td>\n<\/tr>\n<tr>\n<td>EuroStoxx 50<\/td>\n<td>mid\u20114,900s<\/td>\n<td>\u2248 \u22120.6%<\/td>\n<td>Broad European weakness after US CPI<\/td>\n<\/tr>\n<tr>\n<td>Nikkei 225<\/td>\n<td>near recent highs above 38,000<\/td>\n<td>marginal gain<\/td>\n<td>Closed before US CPI; yen moves in focus<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The move was closely tied to rates: <strong>US Treasury yields<\/strong> across the curve moved sharply higher right after the data, with the 2\u2011year yield pushing further above <strong>4.6%<\/strong> and the 10\u2011year moving into the mid\u2011<strong>4%<\/strong> range. That rise in yields acted as a headwind for the Nasdaq 100, while the S&amp;P 500, which has more sector diversification, held up comparatively better. The Dow, with its heavier weighting in financials, industrials and energy, outperformed both.<\/p>\n<p>Volatility also picked up. The <strong>VIX index<\/strong>, often referred to as the market\u2019s \u201cfear gauge\u201d, climbed back toward the low\u2011 to mid\u2011teens from recently subdued levels, reflecting demand for downside protection after the CPI surprise.<\/p>\n<h2 id=\"macro-drivers\">Central Banks and Macro Drivers: Hotter US CPI<\/h2>\n<p>The day\u2019s main macro driver was the latest <strong>US Consumer Price Index (CPI)<\/strong> release. According to the <a href=\"https:\/\/www.bls.gov\/cpi\/\" target=\"_blank\" rel=\"noopener\">Bureau of Labor Statistics<\/a>, headline CPI rose by about <strong>0.3% month\u2011on\u2011month<\/strong>, above consensus expectations of roughly <strong>0.2%<\/strong>. On a year\u2011over\u2011year basis, inflation held in the mid\u2011<strong>3%<\/strong> range, still well above the Federal Reserve\u2019s <strong>2%<\/strong> target.<\/p>\n<p>More importantly for markets, <strong>core CPI<\/strong> \u2014 which strips out volatile food and energy components \u2014 printed around <strong>0.3% m\/m<\/strong>, a notch hotter than the <strong>0.2%<\/strong> many economists had anticipated. On a 12\u2011month basis, core inflation remained stuck around the mid\u2011<strong>3%<\/strong> area, indicating that underlying price pressures are easing only slowly.<\/p>\n<p>This matters because the <a href=\"https:\/\/www.federalreserve.gov\/\" target=\"_blank\" rel=\"noopener\">Federal Reserve<\/a> has repeatedly stressed its data\u2011dependence on future rate cuts. Coming into the release, futures markets had been pricing in multiple cuts for the rest of the year, starting as early as mid\u2011year. The hotter CPI number caused a quick repricing:<\/p>\n<ul>\n<li>Fed funds futures reduced the probability of an earlier, larger rate\u2011cut cycle.<\/li>\n<li>Markets pushed some expected cuts further out on the calendar.<\/li>\n<li>Short\u2011term yields rose as investors priced a \u201chigher for longer\u201d scenario.<\/li>\n<\/ul>\n<p>This shift in the implied <strong>Fed rate path<\/strong> \u2014 derived from <a href=\"https:\/\/fred.stlouisfed.org\/\" target=\"_blank\" rel=\"noopener\">FRED<\/a> and futures data \u2014 explains much of the cross\u2011asset reaction: lower equities, higher Treasury yields, a firmer US dollar and mixed moves in commodities.<\/p>\n<p>Outside the US, there were also macro developments:<\/p>\n<ul>\n<li>The <strong>European Central Bank (ECB)<\/strong> continues to signal caution on cutting rates too quickly, given still\u2011elevated core inflation in the euro area.<\/li>\n<li>In Japan, the <strong>Bank of Japan (BoJ)<\/strong> remains an outlier with ultra\u2011loose policy, though recent volatility in the yen has kept markets alert to any potential shift.<\/li>\n<\/ul>\n<p>Combined, these dynamics are feeding a narrative where US rates may stay restrictive longer than previously thought, while Europe debates when to start cutting and Japan is only slowly moving away from negative\u2011rate territory.<\/p>\n<h2 id=\"indices-sectors\">Index and Sector Performance<\/h2>\n<p>The hotter CPI data did not hit all indices and sectors equally. The underperformance of the Nasdaq 100 relative to the S&amp;P 500 is consistent with the typical pattern when yields move higher.<\/p>\n<h3>S&amp;P 500 vs. Nasdaq 100 vs. Dow<\/h3>\n<ul>\n<li><strong>S&amp;P 500 (^GSPC)<\/strong>: Down about <strong>0.8%<\/strong>, with declines across most sectors but especially in rate\u2011sensitive areas like growth tech and some consumer names.<\/li>\n<li><strong>Nasdaq 100 (^NDX)<\/strong>: Fell roughly <strong>1%\u20131.2%<\/strong>, as mega\u2011cap tech and high\u2011multiple software names came under pressure. When <strong>discount rates<\/strong> (yields) rise, the present value of long\u2011dated cash flows falls, which mathematically hits growth stocks hardest.<\/li>\n<li><strong>Dow Jones (^DJI)<\/strong>: Dropped around <strong>0.4%\u20130.5%<\/strong>, as financials and industrials proved more resilient. Banks can sometimes benefit from higher yields through improved net interest margins, partially offsetting broader equity weakness.<\/li>\n<\/ul>\n<h3>Sector Moves and Rotation<\/h3>\n<p>Detailed sector data show a familiar pattern after an upside inflation surprise:<\/p>\n<ul>\n<li><strong>Technology<\/strong>: Underperformed, especially in sub\u2011sectors with high valuations and earnings far out in the future (cloud, software, some semiconductor names).<\/li>\n<li><strong>Communication services<\/strong> and <strong>consumer discretionary<\/strong>: Also weaker, reflecting the growth and cyclical tilt.<\/li>\n<li><strong>Financials<\/strong>: Mixed to modestly better relative performance, supported by higher yields.<\/li>\n<li><strong>Utilities<\/strong> and <strong>consumer staples<\/strong>: Held up comparatively better as defensive, income\u2011oriented sectors, though they remain sensitive to bond yield moves over time.<\/li>\n<li><strong>Energy<\/strong>: Supported by firmer oil prices, cushioning the S&amp;P 500 versus the Nasdaq 100.<\/li>\n<\/ul>\n<p>Market breadth was negative, with decliners outnumbering advancers on the NYSE and Nasdaq, though not at extreme \u201ccapitulation\u201d levels. That suggests a risk\u2011off tilt rather than outright panic.<\/p>\n<h3>European and Japanese Indices<\/h3>\n<p>In Europe, the <strong>DAX 40 (^GDAXI)<\/strong> slipped below the <strong>18,000<\/strong> mark, down around <strong>0.7%<\/strong>, and the <strong>EuroStoxx 50<\/strong> fell roughly <strong>0.6%<\/strong>. Higher US yields and a stronger dollar tend to pressure export\u2011oriented European equities, while the ECB\u2019s own rate\u2011cut debate adds another layer of uncertainty.<\/p>\n<p>The <strong>Nikkei 225<\/strong> in Japan, which has been trading near multi\u2011decade highs, closed modestly higher earlier in the Asian session, before the US CPI number was released. Later moves in yen and Japanese equities will likely depend on how far US yields extend their climb and whether the BoJ signals any change in policy.<\/p>\n<h2 id=\"commodities-crypto\">Commodities, Gold, Oil and Bitcoin<\/h2>\n<p>Commodity markets provided additional signals about how investors are interpreting the inflation data and the Fed\u2019s likely response.<\/p>\n<h3>Gold<\/h3>\n<p>Spot <strong>gold (XAUUSD)<\/strong> traded around the low\u2011<strong>$2,300<\/strong> per ounce area, roughly flat to slightly lower on the day after initially spiking on the CPI headline. Rising real yields and a stronger US dollar typically weigh on gold, while persistent inflation concerns lend support. The mixed intraday price action reflects these competing forces.<\/p>\n<h3>Oil<\/h3>\n<p>US crude oil futures (<strong>CL=F<\/strong>) hovered in the low\u2011 to mid\u2011<strong>$80<\/strong> per barrel range, up modestly on the day. The combination of:<\/p>\n<ul>\n<li>elevated geopolitical risk, and<\/li>\n<li>ongoing supply discipline from OPEC+ producers<\/li>\n<\/ul>\n<p>has kept a floor under prices, even as higher rates pose a risk to global growth and energy demand. The <a href=\"https:\/\/www.eia.gov\/\" target=\"_blank\" rel=\"noopener\">US Energy Information Administration (EIA)<\/a> reports on inventory trends remain a key reference point for oil traders.<\/p>\n<h3>Bitcoin and Crypto<\/h3>\n<p><strong>Bitcoin (BTC-USD)<\/strong> traded around the <strong>$66,000\u2013$68,000<\/strong> area, down modestly from recent highs. Crypto assets have recently become more correlated with risk\u2011on sentiment in equities, particularly tech. While today\u2019s move was not a sharp sell\u2011off, the softer tone suggests that some investors are trimming exposure to higher\u2011beta assets when yields jump and Fed cuts look less imminent.<\/p>\n<h2 id=\"earnings\">Earnings and Company Highlights<\/h2>\n<p>Today\u2019s price action was dominated by macro rather than micro stories, but earnings and corporate news still shaped sector\u2011level moves.<\/p>\n<ul>\n<li>Selected <strong>mega\u2011cap tech<\/strong> names, which had recently benefited from the AI and cloud\u2011computing narrative, gave back some gains amid the rate repricing. Even companies with strong recent earnings saw their multiples pressured.<\/li>\n<li>In <strong>financials<\/strong>, some large US banks traded relatively better, as higher yields can support interest income, though concerns about credit quality and slower loan growth remain part of the medium\u2011term discussion.<\/li>\n<li>In <strong>cyclical sectors<\/strong> such as industrials and materials, stock\u2011specific news and guidance updates created dispersion, but the broader macro tone (higher yields, slower cuts) dominated intraday trading.<\/li>\n<\/ul>\n<p>More high\u2011profile earnings reports are scheduled over the coming weeks, particularly from AI\u2011linked chipmakers, major software platforms and consumer bellwethers. Their commentary on demand, margins and capital spending will be important in determining whether the current pullback remains shallow or becomes deeper.<\/p>\n<h2 id=\"risk-sentiment\">Cross-Asset Signals and Risk Sentiment<\/h2>\n<p>Cross\u2011asset indicators painted a picture of a clear, but not extreme, shift toward risk\u2011off positioning:<\/p>\n<ul>\n<li><strong>US Treasury yields<\/strong> rose across the curve, with the 2\u2011year near <strong>4.7%<\/strong> and the 10\u2011year in the <strong>4.3%\u20134.4%<\/strong> range.<\/li>\n<li>The <strong>US dollar index (DXY)<\/strong> firmed, reflecting expectations that US policy rates may stay higher for longer than those in other major economies.<\/li>\n<li>The <strong>VIX<\/strong> moved up from very low levels, though it remains far below the stress seen during past market shocks.<\/li>\n<li>Credit markets, based on spread indicators, saw modest widening but no sign of acute funding stress.<\/li>\n<\/ul>\n<p>Taken together, the data suggest a market that is re\u2011pricing the interest\u2011rate outlook rather than pricing in an imminent recession shock. Equity weakness, especially in the Nasdaq 100, aligns with higher discount rates more than with a sudden collapse in growth expectations.<\/p>\n<h2 id=\"what-it-means\">What This Means for Investors<\/h2>\n<p>For investors and market watchers, today\u2019s moves underline several key themes:<\/p>\n<ul>\n<li><strong>Inflation progress is uneven.<\/strong> The latest CPI shows that while price pressures have eased from their peaks, the last mile toward 2% can be bumpy. This keeps the Fed cautious.<\/li>\n<li><strong>Rate\u2011cut expectations are fluid.<\/strong> Futures\u2011implied paths can shift quickly with each major data release. Markets moved from pricing earlier, more aggressive cuts to a slower trajectory after just one report.<\/li>\n<li><strong>Growth vs. value sensitivity.<\/strong> The sharper dip in the Nasdaq 100 versus the S&amp;P 500 and Dow highlights how growth and high\u2011multiple stocks react more strongly when yields jump.<\/li>\n<li><strong>Global spillovers.<\/strong> Higher US yields influence global funding costs, FX moves and risk appetite in Europe and emerging markets, which showed up in declines in the DAX 40 and EuroStoxx 50.<\/li>\n<\/ul>\n<p>In the coming days and weeks, markets are likely to focus on:<\/p>\n<ul>\n<li>Upcoming inflation releases (PCE, next CPI prints) and labor\u2011market data.<\/li>\n<li>Fed communication in speeches and minutes, and the next FOMC meeting outcomes.<\/li>\n<li>Key earnings reports, especially from AI\u2011linked tech, major banks and consumer companies.<\/li>\n<li>Any signs that higher yields are tightening financial conditions enough to slow growth more than the Fed intends.<\/li>\n<\/ul>\n<h2 id=\"key-takeaways\">Key Takeaways and Common Misconceptions<\/h2>\n<h3>Key Takeaways<\/h3>\n<ul>\n<li>The <strong>S&amp;P 500 and Nasdaq 100 dipped<\/strong> after a hotter\u2011than\u2011expected US CPI report, with the Nasdaq 100 underperforming as <strong>yields moved higher<\/strong>.<\/li>\n<li>Market\u2011implied <strong>Fed rate cuts were scaled back<\/strong>, pushing US 2\u2011year and 10\u2011year yields into the upper\u20114% range.<\/li>\n<li><strong>Growth and tech stocks<\/strong> were hit harder than value and cyclical names, while defensives and financials showed relative resilience.<\/li>\n<li>European indices like the <strong>DAX 40<\/strong> and <strong>EuroStoxx 50<\/strong> fell in sympathy, highlighting global sensitivity to US rates.<\/li>\n<li><strong>Gold and oil<\/strong> showed mixed reactions: gold wrestled with higher real yields, while oil stayed supported in the low\u2011 to mid\u2011$80s.<\/li>\n<\/ul>\n<h3>Common Misconceptions<\/h3>\n<ul>\n<li><strong>\u201cOne hot CPI print guarantees more Fed hikes.\u201d<\/strong> The data reduce the odds of rapid cuts but do not necessarily imply new hikes; the Fed looks at broader trends, not just one month.<\/li>\n<li><strong>\u201cRising yields automatically mean a recession is imminent.\u201d<\/strong> Higher yields today reflect a recalibration of inflation and policy expectations; recession risks are a separate question tied to growth, employment and credit conditions.<\/li>\n<li><strong>\u201cTech always falls when inflation is high.\u201d<\/strong> The key channel is <strong>real yields and discount rates<\/strong>, not inflation alone. When real yields rise quickly, long\u2011duration assets like growth tech are most sensitive.<\/li>\n<\/ul>\n<h2 id=\"conclusion\">Conclusion<\/h2>\n<p>Today\u2019s decline in the <strong>S&amp;P 500 and Nasdaq 100<\/strong> after the hot US CPI print underscores how tightly equity markets are linked to inflation data and the Fed\u2019s rate path. With core inflation still above target and progress uneven, investors scaled back expectations for aggressive rate cuts, pushing Treasury yields higher and weighing particularly on growth\u2011oriented indices like the Nasdaq 100.<\/p>\n<p>The adjustment reverberated across assets \u2014 from European equities to gold, oil and Bitcoin \u2014 but so far looks like a repricing of the rate outlook rather than a shift into crisis mode. The next phase will depend on whether upcoming data confirm persistent inflation or show renewed disinflation. For now, the market narrative has pivoted back to \u201chigher for longer\u201d, and each new data release will be scrutinised closely for clues about the Fed\u2019s next steps.<\/p>\n<h2 id=\"risk-disclaimer\">Risk Disclaimer<\/h2>\n<p><strong>MANDATORY:<\/strong> This article is for informational and educational purposes only and does not constitute financial advice, investment recommendations or an offer to buy or sell any financial instrument. Financial markets involve risk, and past performance is not indicative of future results. Always conduct your own research and consider consulting a licensed financial advisor before making investment decisions.<\/p>","protected":false},"excerpt":{"rendered":"<p>Hotter US CPI lifts rate expectations; S&#038;P 500 and Nasdaq 100 fell as yields rose and sector leadership rotated.<\/p>","protected":false},"author":4,"featured_media":23667,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[],"tags":[],"class_list":["post-23668","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/jcs-charting.com\/de\/wp-json\/wp\/v2\/posts\/23668","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jcs-charting.com\/de\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jcs-charting.com\/de\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jcs-charting.com\/de\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/jcs-charting.com\/de\/wp-json\/wp\/v2\/comments?post=23668"}],"version-history":[{"count":1,"href":"https:\/\/jcs-charting.com\/de\/wp-json\/wp\/v2\/posts\/23668\/revisions"}],"predecessor-version":[{"id":23669,"href":"https:\/\/jcs-charting.com\/de\/wp-json\/wp\/v2\/posts\/23668\/revisions\/23669"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jcs-charting.com\/de\/wp-json\/wp\/v2\/media\/23667"}],"wp:attachment":[{"href":"https:\/\/jcs-charting.com\/de\/wp-json\/wp\/v2\/media?parent=23668"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jcs-charting.com\/de\/wp-json\/wp\/v2\/categories?post=23668"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jcs-charting.com\/de\/wp-json\/wp\/v2\/tags?post=23668"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}