{"id":1004094364,"date":"2014-04-10T06:04:56","date_gmt":"2014-04-10T14:04:56","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004094364"},"modified":"2022-12-07T21:32:29","modified_gmt":"2022-12-08T05:32:29","slug":"economy-watch-fed-doesnt-want-to-raise-rates-chinese-exports-dip-in-march","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/economy-watch-fed-doesnt-want-to-raise-rates-chinese-exports-dip-in-march\/","title":{"rendered":"Economy Watch: Fed Doesn\u2019t Want to Raise Rates; Chinese Exports Dip in March"},"content":{"rendered":"

By Dees Stribling, Contributing Editor<\/em><\/p>\n

According to the minutes of the most recent Federal Open Market Committee meeting, held in mid-March with its minutes released on Wednesday, the committee said (in central-bank language) that 6.5 percent U.S. unemployment was no magic number. That is, the Fed isn\u2019t planning on raising interest rates merely because unemployment reaches that level, which it could in the not-too-distant future.<\/p>\n

In fact, the FOMC wants to get away from such a hard-and-fast threshold. \u201cMost participants preferred replacing the numerical thresholds with a qualitative description of the factors that would influence the committee’s decision to begin raising the federal funds rate,\u201d the FOMC minutes noted; that is, we\u2019ll raise rates when we\u2019re good and ready, and not before.<\/p>\n

One participant, however, favored retaining the existing threshold language, lest the markets misunderstand the Fed\u2019s intensions. Another member of the committee wanted to keep numerical benchmarks as interest-rate triggers, but move the goal posts to 5.5 percent for the unemployment rate and 2.25 percent for projected inflation.<\/p>\n

And speaking of inflation, the Fed seems to be worried that there isn\u2019t enough of it. \u201cIn light of their concerns about the possible persistence of low inflation, members agreed that inflation developments should be monitored carefully,” the minutes said drily, but that points to concern. Lately U.S. inflation has been persistently low, well below the central bank\u2019s target of 2 percent, and such long-term low inflation adds sluggishness to the economy.<\/p>\n

The concern over low inflation \u2013 or even its evil cousin, deflation \u2013 is worldwide. According to the International Monetary Fund this week, inflation in the developed world will come in at 1.5 percent this year, about the same as the 1.4 percent rate in 2013, which is low by historic standards.<\/p>\n

Chinese Exports Dip in March\u00a0<\/strong><\/p>\n

According to official data released on Wednesday, Chinese exports were down for a second straight month in March, dropping 6.6 percent from a year earlier. It was an unexpectedly large drop, giving the rest of the world another thing to worry about, since the Chinese economy — which depends on exports — hasn\u2019t been its robust self recently. Imports also fell, down 11.3 percent year over year; economists had expected a small rise.<\/p>\n

Wall Street seemed pleased with the FOMC minutes, and not so worried about China, with the Dow Jones Industrial Average gaining 181.04 points, or 1.11 percent. The S&P 500 advanced 1.09 percent and the Nasdaq was up 1.72 percent.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

The Fed isn\u2019t planning on raising interest rates merely based on unemployment numbers alone. Chinese exports were down for a second straight month in March.<\/p>\n","protected":false},"author":952,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742],"tags":[],"class_list":["post-1004094364","post","type-post","status-publish","format-standard","hentry","category-latest"],"acf":[],"yoast_head":"\nEconomy Watch: Fed Doesn\u2019t Want to Raise Rates; Chinese Exports Dip in March - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/economy-watch-fed-doesnt-want-to-raise-rates-chinese-exports-dip-in-march\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Economy Watch: Fed Doesn\u2019t Want to Raise Rates; Chinese Exports Dip in March\" \/>\n<meta property=\"og:description\" content=\"The Fed isn\u2019t planning on raising interest rates merely based on unemployment numbers alone. Chinese exports were down for a second straight month in March.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/economy-watch-fed-doesnt-want-to-raise-rates-chinese-exports-dip-in-march\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2014-04-10T14:04:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T05:32:29+00:00\" \/>\n<meta name=\"author\" content=\"Anna Spiewak\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-fed-doesnt-want-to-raise-rates-chinese-exports-dip-in-march\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-fed-doesnt-want-to-raise-rates-chinese-exports-dip-in-march\\\/\"},\"author\":{\"name\":\"Anna Spiewak\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1bbb99675c2609ea2e6792f8b25d7b76\"},\"headline\":\"Economy Watch: Fed Doesn\u2019t Want to Raise Rates; Chinese Exports Dip in March\",\"datePublished\":\"2014-04-10T14:04:56+00:00\",\"dateModified\":\"2022-12-08T05:32:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-fed-doesnt-want-to-raise-rates-chinese-exports-dip-in-march\\\/\"},\"wordCount\":421,\"commentCount\":0,\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-fed-doesnt-want-to-raise-rates-chinese-exports-dip-in-march\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-fed-doesnt-want-to-raise-rates-chinese-exports-dip-in-march\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-fed-doesnt-want-to-raise-rates-chinese-exports-dip-in-march\\\/\",\"name\":\"Economy Watch: Fed Doesn\u2019t Want to Raise Rates; Chinese Exports Dip in March - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"datePublished\":\"2014-04-10T14:04:56+00:00\",\"dateModified\":\"2022-12-08T05:32:29+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1bbb99675c2609ea2e6792f8b25d7b76\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-fed-doesnt-want-to-raise-rates-chinese-exports-dip-in-march\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-fed-doesnt-want-to-raise-rates-chinese-exports-dip-in-march\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/economy-watch-fed-doesnt-want-to-raise-rates-chinese-exports-dip-in-march\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Economy Watch: Fed Doesn\u2019t Want to Raise Rates; Chinese Exports Dip in March\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1bbb99675c2609ea2e6792f8b25d7b76\",\"name\":\"Anna Spiewak\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/ca81c045f3cbec45b685f13082ecf7d9870a1909fe3ec2d4d15b1dea4897f406?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/ca81c045f3cbec45b685f13082ecf7d9870a1909fe3ec2d4d15b1dea4897f406?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/ca81c045f3cbec45b685f13082ecf7d9870a1909fe3ec2d4d15b1dea4897f406?s=96&d=mm&r=g\",\"caption\":\"Anna Spiewak\"},\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/annaspiewak\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Economy Watch: Fed Doesn\u2019t Want to Raise Rates; Chinese Exports Dip in March - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/economy-watch-fed-doesnt-want-to-raise-rates-chinese-exports-dip-in-march\/","og_locale":"en_US","og_type":"article","og_title":"Economy Watch: Fed Doesn\u2019t Want to Raise Rates; Chinese Exports Dip in March","og_description":"The Fed isn\u2019t planning on raising interest rates merely based on unemployment numbers alone. Chinese exports were down for a second straight month in March.","og_url":"https:\/\/www.commercialsearch.com\/news\/economy-watch-fed-doesnt-want-to-raise-rates-chinese-exports-dip-in-march\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2014-04-10T14:04:56+00:00","article_modified_time":"2022-12-08T05:32:29+00:00","author":"Anna Spiewak","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/economy-watch-fed-doesnt-want-to-raise-rates-chinese-exports-dip-in-march\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/economy-watch-fed-doesnt-want-to-raise-rates-chinese-exports-dip-in-march\/"},"author":{"name":"Anna Spiewak","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1bbb99675c2609ea2e6792f8b25d7b76"},"headline":"Economy Watch: Fed Doesn\u2019t Want to Raise Rates; Chinese Exports Dip in March","datePublished":"2014-04-10T14:04:56+00:00","dateModified":"2022-12-08T05:32:29+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/economy-watch-fed-doesnt-want-to-raise-rates-chinese-exports-dip-in-march\/"},"wordCount":421,"commentCount":0,"articleSection":["News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.commercialsearch.com\/news\/economy-watch-fed-doesnt-want-to-raise-rates-chinese-exports-dip-in-march\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/economy-watch-fed-doesnt-want-to-raise-rates-chinese-exports-dip-in-march\/","url":"https:\/\/www.commercialsearch.com\/news\/economy-watch-fed-doesnt-want-to-raise-rates-chinese-exports-dip-in-march\/","name":"Economy Watch: Fed Doesn\u2019t Want to Raise Rates; Chinese Exports Dip in March - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"datePublished":"2014-04-10T14:04:56+00:00","dateModified":"2022-12-08T05:32:29+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1bbb99675c2609ea2e6792f8b25d7b76"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/economy-watch-fed-doesnt-want-to-raise-rates-chinese-exports-dip-in-march\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/economy-watch-fed-doesnt-want-to-raise-rates-chinese-exports-dip-in-march\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/economy-watch-fed-doesnt-want-to-raise-rates-chinese-exports-dip-in-march\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Economy Watch: Fed Doesn\u2019t Want to Raise Rates; Chinese Exports Dip in March"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1bbb99675c2609ea2e6792f8b25d7b76","name":"Anna Spiewak","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/ca81c045f3cbec45b685f13082ecf7d9870a1909fe3ec2d4d15b1dea4897f406?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/ca81c045f3cbec45b685f13082ecf7d9870a1909fe3ec2d4d15b1dea4897f406?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ca81c045f3cbec45b685f13082ecf7d9870a1909fe3ec2d4d15b1dea4897f406?s=96&d=mm&r=g","caption":"Anna Spiewak"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/annaspiewak\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004094364","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/952"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004094364"}],"version-history":[{"count":1,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004094364\/revisions"}],"predecessor-version":[{"id":1004629458,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004094364\/revisions\/1004629458"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004094364"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004094364"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004094364"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}