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The most pessimistic forecast is given to economy of the USA

12 March 2008

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.




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