{"id":47334,"date":"2014-12-12T16:14:09","date_gmt":"2014-12-12T16:14:09","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/ft_fears_resurface_of_eu_stagnation\/"},"modified":"2014-12-12T16:14:09","modified_gmt":"2014-12-12T16:14:09","slug":"ft_fears_resurface_of_eu_stagnation","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=47334","title":{"rendered":"(FT) Fears resurface of European Union Stagnation"},"content":{"rendered":"<p>&#8230;the ECB is split over whether to embark on full-blown quantitative easing as a way to achieve growth. Such a policy is strongly opposed by Bundesbank President Jens Weidmann and other hawkish members of the bank\u2019s governing council.<\/p>\n<p>They believe the central bank\u2019s existing measures, which include buying covered bonds and asset-backed securities and auctioning cheap cash to eurozone lenders, are enough to lift inflation to the ECB\u2019s target of below but close to 2 per cent.<\/p>\n<p>But analysts think the disappointing take-up at Thursday\u2019s auction has weakened their hand. \u201cThe result reduces the strength of the ECB hawks\u2019 argument that existing policy measures are enough,\u201d\u009d said Nick Matthews, economist at Nomura.<\/p>\n<p><a href=\"http:\/\/www.ft.com\/intl\/cms\/s\/0\/28c6ebaa-811d-11e4-896c-00144feabdc0.html?siteedition=intl#axzz3LdHPLhhc\">Read it all<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8230;the ECB is split over whether to embark on full-blown quantitative easing as a way to achieve growth. Such a policy is strongly opposed by Bundesbank President Jens Weidmann and other hawkish members of the bank\u2019s governing council. They believe<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=47334\">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":[40,50,460,582,589,149,168,200,590,144,151,585,34],"tags":[],"class_list":["post-47334","post","type-post","status-publish","format-standard","hentry","category-economics-politics","category-international-news-commentary","category-european-sovereign-debt-crisis-of-2010","category-consumerconsumer-spending","category-corporationscorporate-life","category-economy","category-ethics-moral-theology","category-europe","category-european-central-bank","category-foreign-relations","category-politics-in-general","category-the-banking-systemsector","category-theology"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/47334","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=47334"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/47334\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}