|
|
 |
U.S. Economy to Have the Sluggish Growth
The economy of the United States is forecasted to demonstrate the lowest pace of five years, gaining no more than roughly 2.7 percent by this year-end, according to the forecasts of major analysts released by the National Association for Business Economics. At the same time, the decline in crude prices is expected to dampen inflation to about 1.9 percent, Associated Press reported.
The housing market is viewed the key factor to bring down the U.S. GDP acceleration, which aftereffect will be the unemployment of 4.7 percent, the forecasters said. But the market of housing is predicted to gain stability next year, ensuring the growth of 3 percent. The unemployment forecast is around 4.8 percent for 2007.
The U.S. GDP stepped up 3.4 percent past year, the inflation reached 3.2 percent and unemployment averaged 4.6 percent.
Meanwhile, the views of the U.S. authorities on economy development couldn’t be called pessimistic. A few weeks ago, Federal Reserve chief Ben Bernanke forecasted the moderate growth with any acceleration timed to the housing market improvement. Bernanke reminded that the Fed would stick to the anti-inflation policy despite the trend for some slowdown.
The Federal Reserve had lifted interest rates for two years, last time in June 2006. The purpose to attain was slowing the growth enough to contain inflation.
www.kommersant.com
|
|
|
