{"id":188086,"date":"2010-12-14T22:04:00","date_gmt":"2010-12-15T03:04:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2010\/12\/14\/economics-update-12\/"},"modified":"2010-12-14T22:04:00","modified_gmt":"2010-12-15T03:04:00","slug":"economics-update-12","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2010\/12\/14\/economics-update-12\/","title":{"rendered":"Economics Update"},"content":{"rendered":"<p>The Federal Reserve&#8217;s Open Market Committee <a href=\"http:\/\/www.cnbc.com\/\/id\/40661575\">held its benchmark rate at effectively 0%<\/a>, and said that it will continue its policy of monetary easing. (printing money)<\/p>\n<p>It&#8217;s really no big surprise, but the other two pieces of news, that the <a href=\"http:\/\/latimesblogs.latimes.com\/money_co\/2010\/12\/small-business-optimism-nfib-survey-december.html\">small business optimism survey hit a 2 year high<\/a>, and that <a href=\"http:\/\/www.reuters.com\/article\/idUSTRE6B95R020101214\">retail sales rose for the 5<sup>th<\/sup> straight month<\/a> are a bit of a surprise, though definitely ont he plus side of the ledger.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Federal Reserve&#8217;s Open Market Committee held its benchmark rate at effectively 0%, and said that it will continue its policy of monetary easing. (printing money) It&#8217;s really no big surprise, but the other two pieces of news, that the small business optimism survey hit a 2 year high, and that retail sales rose for &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1094,973,1091,1089,985],"tags":[],"class_list":["post-188086","post","type-post","status-publish","format-standard","hentry","category-campaign-finance","category-economy","category-polls","category-recession","category-regulation"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/188086"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=188086"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/188086\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=188086"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=188086"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=188086"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}