{"id":33842,"date":"2012-08-02T16:01:56","date_gmt":"2012-08-02T16:01:56","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/wary_federal_reserve_is_poised_to_act_for_the_economy\/"},"modified":"2012-08-02T16:01:56","modified_gmt":"2012-08-02T16:01:56","slug":"wary_federal_reserve_is_poised_to_act_for_the_economy","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=33842","title":{"rendered":"Wary Federal reserve Is Poised to Act for the Economy"},"content":{"rendered":"<p>The Federal Reserve is heading toward launching a new round of stimulus to buck up the weak economy, but stopped short of doing so right away.<\/p>\n<p>The decision to make what amounted to a conditional promise of action came Wednesday at the end of the central bank&#8217;s two-day policy meeting. In an uncharacteristically strong statement, the Fed said it will &#8220;closely monitor&#8221; the economy and &#8220;will provide additional accommodation as needed to promote a stronger economic recovery and sustained improvement in labor market conditions.&#8221; Translation: The Fed will move if growth and employment don&#8217;t pick up soon on their own.<\/p>\n<p><a href=\"http:\/\/online.wsj.com\/article\/SB10000872396390443687504577563200221547674.html\">Read it all<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Federal Reserve is heading toward launching a new round of stimulus to buck up the weak economy, but stopped short of doing so right away. The decision to make what amounted to a conditional promise of action came Wednesday<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=33842\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40,582,589,149,671,600,597,596,584],"tags":[],"class_list":["post-33842","post","type-post","status-publish","format-standard","hentry","category-economics-politics","category-consumerconsumer-spending","category-corporationscorporate-life","category-economy","category-federal-reserve","category-housingreal-estate-market","category-laborlabor-unionslabor-market","category-the-credit-freeze-crisis-of-fall-2008the-recession-of-2007","category-the-u-s-government"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/33842","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=33842"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/33842\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=33842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=33842"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=33842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}