{"id":1471,"date":"2012-09-07T11:40:25","date_gmt":"2012-09-07T02:40:25","guid":{"rendered":"http:\/\/www.irken.jp\/gn\/?p=1471"},"modified":"2012-09-07T11:40:25","modified_gmt":"2012-09-07T02:40:25","slug":"institutional-investor-september-5","status":"publish","type":"post","link":"http:\/\/www.irken.jp\/gn\/?p=1471","title":{"rendered":"Institutional Investor (September 5)"},"content":{"rendered":"<p>GDP targeting may be \u201cthe real message from Jackson Hole.\u201d At this annual meeting of central bankers a paper presented by Michael Woodford advocated GDP targeting. \u201cThe Fed has already promised to keep rates low through 2014, but if it were to switch gears, it would instead promise to keep rates low indefinitely, until nominal GDP, or GDP adjusted for inflation, was showing clear signs of a recovery.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GDP targeting may be \u201cthe real message from Jackson Hole.\u201d At this annual meeting of central bankers a paper presented by Michael Woodford advocated GDP targeting. \u201cThe Fed has already promised to keep rates low through 2014, but if it were to switch gears, it would instead promise to keep rates low indefinitely, until nominal [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1570,214,1568,53,1345,1569,1571],"class_list":["post-1471","post","type-post","status-publish","format-standard","hentry","category-global-news","tag-central-bankers","tag-fed","tag-gdp-targeting","tag-inflation","tag-interest-rates","tag-jackson-hole","tag-michael-woodford"],"_links":{"self":[{"href":"http:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/1471","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1471"}],"version-history":[{"count":0,"href":"http:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/1471\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1471"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1471"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1471"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}