{"id":10245,"date":"2022-03-16T02:34:00","date_gmt":"2022-03-15T17:34:00","guid":{"rendered":"http:\/\/www.irken.jp\/gn\/?p=10245"},"modified":"2022-03-15T16:35:06","modified_gmt":"2022-03-15T07:35:06","slug":"wall-street-journal-march-15-2","status":"publish","type":"post","link":"https:\/\/www.irken.jp\/gn\/?p=10245","title":{"rendered":"Wall Street Journal (March 15)"},"content":{"rendered":"<p>This week, the Fed meets \u201cto address the worst inflation in 40 years amid new risks to economic growth.\u201d The mess is \u201clargely of the Fed\u2019s own making. The central bank\u2019s inflation target is 2% for personal-consumption expenditure inflation, and the rate in February was probably three times higher.\u201d The Fed\u2019s \u201chistoric exertions were needed\u201d when Covid struck, but it continued them for \u201ctoo long, even as the money supply exploded and clear signs of inflation began to appear.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This week, the Fed meets \u201cto address the worst inflation in 40 years amid new risks to economic growth.\u201d The mess is \u201clargely of the Fed\u2019s own making. The central bank\u2019s inflation target is 2% for personal-consumption expenditure inflation, and the rate in February was probably three times higher.\u201d The Fed\u2019s \u201chistoric exertions were needed\u201d [&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":[2113,10287,251,214,53,7916,7478,9115,12480,1192],"class_list":["post-10245","post","type-post","status-publish","format-standard","hentry","category-global-news","tag-central-bank","tag-covid","tag-economic-growth","tag-fed","tag-inflation","tag-inflation-target","tag-mess","tag-money-supply","tag-personal-consumption","tag-risks"],"_links":{"self":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/10245","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10245"}],"version-history":[{"count":1,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/10245\/revisions"}],"predecessor-version":[{"id":10246,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/10245\/revisions\/10246"}],"wp:attachment":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10245"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10245"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10245"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}