The most pessimistic forecast is given to economy of the USA

In current financial decade US economy can show negative parameters of growth. Such opinion was expressed by chairman of White House Economy Council.
It has been informed, that the presidential command of economists “has considerably lowered the forecast for current decade”. This application became the most pessimistic forecast for the nearest future about the state of US economy.
Investors also still expect recession of the American economy and the further decrease in a discount rate by Federal Reserve System of the USA that continues to render negative influence on a dollar exchange rate.
So, on the eve the dollar exchange rate in relation to euro has reached new historical minimum, having overcome a mark in 1,54 doll./euro.

This entry was posted on Wednesday, March 12th, 2008 at 6:58 pm and is filed under Globalization. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

  • February 2012
    M T W T F S S
    « Oct    
     12345
    6789101112
    13141516171819
    20212223242526
    272829  

Be the first to leave a comment.

Leave a Reply

You must be logged in to post a comment.