{"id":374,"date":"2008-02-27T10:23:44","date_gmt":"2008-02-27T10:23:44","guid":{"rendered":"http:\/\/astraea.net\/blog\/?p=374"},"modified":"2008-02-28T10:44:38","modified_gmt":"2008-02-28T10:44:38","slug":"us-dollar-at-new-euro-low","status":"publish","type":"post","link":"https:\/\/www.astraea.net\/blog\/us-dollar-at-new-euro-low\/","title":{"rendered":"US dollar at new Euro low"},"content":{"rendered":"<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/www.astraea.net\/holonics\/magazine\/images\/2008\/eurodollarlow20080227.gif?resize=203%2C260\" align=\"right\" height=\"260\" width=\"203\" \/>The <a href=\"http:\/\/news.bbc.co.uk\/2\/hi\/business\/7265963.stm\">dollar has fallen to a record low against the euro<\/a> as traders bet that further interest rate cuts will be needed to stem a US recession.<\/p>\n<p>And <a href=\"http:\/\/news.bbc.co.uk\/2\/hi\/business\/7267393.stm\">Bernanke may well drop interest rates further<\/a>.\u00a0\u00a0 though that does not mean confidence will return in the same way as previously &#8211; or should we say &#8220;irrational exuberance&#8221;?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The dollar has fallen to a record low against the euro as traders bet that further interest rate cuts will be needed to stem a US recession. And Bernanke may well drop interest rates further.\u00a0\u00a0 though that does not mean confidence will return in the same way as previously &#8211; or should we say &#8220;irrational &hellip;<br \/><a href=\"https:\/\/www.astraea.net\/blog\/us-dollar-at-new-euro-low\/\" class=\"more-link pen_button pen_element_default pen_icon_arrow_double\">Continue reading <span class=\"screen-reader-text\">US dollar at new Euro low<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[11],"tags":[],"class_list":["post-374","post","type-post","status-publish","format-standard","hentry","category-interest-rates-and-currencies"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p4hwcd-62","jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.astraea.net\/blog\/wp-json\/wp\/v2\/posts\/374","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.astraea.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.astraea.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.astraea.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.astraea.net\/blog\/wp-json\/wp\/v2\/comments?post=374"}],"version-history":[{"count":0,"href":"https:\/\/www.astraea.net\/blog\/wp-json\/wp\/v2\/posts\/374\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.astraea.net\/blog\/wp-json\/wp\/v2\/media?parent=374"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.astraea.net\/blog\/wp-json\/wp\/v2\/categories?post=374"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.astraea.net\/blog\/wp-json\/wp\/v2\/tags?post=374"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}