The U.S. Federal Reserve to slow the economy than previously thought in the sink, but expects that the unemployment rate is 10% higher to the top in the coming years, maintenance, according to a new forecast released.
1 and 150 in the economy now, FRB 42% issued in year 5 in the old forecast to improve, "says psychiatrist. At the time, 1.3% Fed said the economy would contract between the two.
Upgrades - about 3% to help the main stock index, the Dow Jones industrial average rose 257 points to add - look forward to the first half of 2009 if they dropped in the economy was not as much as previously thought, it comes from. While the speed of the CLIMBER plodding.The FRB country with 9.5% unemployment rate in June, 26 - this year is likely to be on the economy started to grow again in the second half of this year, he said.
This prediction of the FRB "central tendency" of 3 and 3 of the low projections from Fed officials, except what is based on the phone. The RBI also a selection of all the forecasts. Some of the range this year, unemployment to rise to 10.5% and 10.6%, expected in 2010. Post - World War I to 10.8% in the highest end of 1982, when the country suffered a severe recession, said. The unemployment rate of 5.8% last year to compare estimates of inflation in four quarter is based on the average for the same period last year. 0.8% the economy, declined in 2008 with the measure.
Nevertheless, a slow recovery, and that unemployment will remain high nyeonro 2011, the Fed said. Companies in which the atmosphere has been in power until a recovery of employment up to the ramp is not safe. Some Fed officials, or unemployment of the order of 8% to 9.2% higher in 2011 is predicted maemdopnida.
In order to help lift the country out of recession, slash interest rates to near zero in the FRB is the lowest level. March, FRB revive lending rate to 1.2 trillion dollars, and send and receive more freedom to run the American people began down the interest rate. The measures - together with President Barack Obama is the tax cuts and increased public spending buyangchaek $ 787,000,000,000 - $ 1,200,000,000,000 buy last month, the government decided to expand the program, the second half of this year the Fed will help the economy returns to growth bonds and mortgages - Securities for mosquitoes and other consumer products debt up to decreased prices.
FRB, a part of the explanation is, of course, stay out of fear that the fear of investors that the central bank aggressive behavior and may stimulate inflation in the future can be encoded to increase the program, the paper is closed in June - said. Moreover, in economic activity plateau. "Prices will increase 1.2% between August 1 FRB said. The increase between 1 to 1.6 percent in the old forecast of the maximum.
Some participants from the Fed, but the economy as consumers and investors in the recovery phase of the attack on the central bank "is not time unwound to higher oil prices stimulate the economy are concerned about the possibility of jingunhan expected to start."
1 and 150 in the economy now, FRB 42% issued in year 5 in the old forecast to improve, "says psychiatrist. At the time, 1.3% Fed said the economy would contract between the two.
Upgrades - about 3% to help the main stock index, the Dow Jones industrial average rose 257 points to add - look forward to the first half of 2009 if they dropped in the economy was not as much as previously thought, it comes from. While the speed of the CLIMBER plodding.The FRB country with 9.5% unemployment rate in June, 26 - this year is likely to be on the economy started to grow again in the second half of this year, he said.
This prediction of the FRB "central tendency" of 3 and 3 of the low projections from Fed officials, except what is based on the phone. The RBI also a selection of all the forecasts. Some of the range this year, unemployment to rise to 10.5% and 10.6%, expected in 2010. Post - World War I to 10.8% in the highest end of 1982, when the country suffered a severe recession, said. The unemployment rate of 5.8% last year to compare estimates of inflation in four quarter is based on the average for the same period last year. 0.8% the economy, declined in 2008 with the measure.
Nevertheless, a slow recovery, and that unemployment will remain high nyeonro 2011, the Fed said. Companies in which the atmosphere has been in power until a recovery of employment up to the ramp is not safe. Some Fed officials, or unemployment of the order of 8% to 9.2% higher in 2011 is predicted maemdopnida.
In order to help lift the country out of recession, slash interest rates to near zero in the FRB is the lowest level. March, FRB revive lending rate to 1.2 trillion dollars, and send and receive more freedom to run the American people began down the interest rate. The measures - together with President Barack Obama is the tax cuts and increased public spending buyangchaek $ 787,000,000,000 - $ 1,200,000,000,000 buy last month, the government decided to expand the program, the second half of this year the Fed will help the economy returns to growth bonds and mortgages - Securities for mosquitoes and other consumer products debt up to decreased prices.
FRB, a part of the explanation is, of course, stay out of fear that the fear of investors that the central bank aggressive behavior and may stimulate inflation in the future can be encoded to increase the program, the paper is closed in June - said. Moreover, in economic activity plateau. "Prices will increase 1.2% between August 1 FRB said. The increase between 1 to 1.6 percent in the old forecast of the maximum.
Some participants from the Fed, but the economy as consumers and investors in the recovery phase of the attack on the central bank "is not time unwound to higher oil prices stimulate the economy are concerned about the possibility of jingunhan expected to start."
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