{"id":337491,"date":"2010-02-18T12:05:57","date_gmt":"2010-02-18T17:05:57","guid":{"rendered":"http:\/\/blogs.wsj.com\/economics\/2010\/02\/18\/what-the-fed-thinks-about-europe-china-and-the-dollar\/"},"modified":"2010-02-18T12:05:57","modified_gmt":"2010-02-18T17:05:57","slug":"what-the-fed-thinks-about-europe-china-and-the-dollar","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/337491","title":{"rendered":"What the Fed Thinks About Europe, China and the Dollar"},"content":{"rendered":"<p>The <a href=\"http:\/\/www.federalreserve.gov\/monetarypolicy\/fomcminutes20100127.htm\">minutes of the  January meeting<\/a> of <strong>Federal Reserve<\/strong> policymakers, released this week,  give a synopsis of what the Fed staff had to say about the gyrations in European  markets over Greece and about the impact of the Chinese central bank\u0092s efforts  to restrain lending there.<\/p>\n<p><strong>On Greece:<\/strong> \u0093Mounting fiscal concerns made investors more reluctant to hold  debt issued by the Greek government; sovereign yields rose in Greece and, to a  lesser extent, in several other countries where fiscal issues have raised  concerns among investors.\u0094<\/p>\n<p><strong>On European banks:<\/strong> \u0093European financial  stocks declined substantially, as early profit reports for the fourth quarter  from a few banks rekindled some concerns about the health of the banking  system.\u0094<\/p>\n<p><strong>On the dollar:<\/strong> \u0093The broad nominal index of  the foreign exchange value of the dollar rose reportedly reflecting a growing  perception that U.S. growth prospects were better than those in Europe and  Japan.\u0094<\/p>\n<p><strong>On China:<\/strong> \u0093Concerns that policy tightening  by China might restrain the global recovery also may have contributed to the  dollar&#8217;s appreciation against many currencies late in the period.\u0094<\/p>\n<p><a href=\"http:\/\/feedads.g.doubleclick.net\/~at\/FUFzYJf1Es6W5ip6rrpN25OGbMg\/0\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~at\/FUFzYJf1Es6W5ip6rrpN25OGbMg\/0\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><br \/>\n<a href=\"http:\/\/feedads.g.doubleclick.net\/~at\/FUFzYJf1Es6W5ip6rrpN25OGbMg\/1\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~at\/FUFzYJf1Es6W5ip6rrpN25OGbMg\/1\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><\/p>\n<div class=\"feedflare\">\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/economics\/feed?a=NORx3NZ3zb8:eiRFCdd66rg:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/economics\/feed?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/economics\/feed?a=NORx3NZ3zb8:eiRFCdd66rg:F7zBnMyn0Lo\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/economics\/feed?i=NORx3NZ3zb8:eiRFCdd66rg:F7zBnMyn0Lo\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/economics\/feed?a=NORx3NZ3zb8:eiRFCdd66rg:V_sGLiPBpWU\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/economics\/feed?i=NORx3NZ3zb8:eiRFCdd66rg:V_sGLiPBpWU\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/economics\/feed?a=NORx3NZ3zb8:eiRFCdd66rg:qj6IDK7rITs\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/economics\/feed?d=qj6IDK7rITs\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/wsj\/economics\/feed\/~4\/NORx3NZ3zb8\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The minutes of the January meeting of Federal Reserve policymakers, released this week, give a synopsis of what the Fed staff had to say about the gyrations in European markets over Greece and about the impact of the Chinese central bank\u0092s efforts to restrain lending there. On Greece: \u0093Mounting fiscal concerns made investors more reluctant [&hellip;]<\/p>\n","protected":false},"author":850,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-337491","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/337491","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/850"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=337491"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/337491\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=337491"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=337491"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=337491"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}