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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    IMF hails US economic outlook and warns of 5 risks

    Rocky
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    • Post n°1

    IMF hails US economic outlook and warns of 5 risks Empty IMF hails US economic outlook and warns of 5 risks

    Post by Rocky Fri 15 Jun 2018, 2:23 am

    IMF hails US economic outlook and warns of 5 risks





    2018/06/14 | 23:24

    (Encyclopedia of this Day News | Iraq News ) - Direct: The International Monetary Fund that the prospects for the US GDP strong but highlighted five risks to the US economy and the global economy.

    In a report on the US economy, the IMF said Thursday that the near-term outlook for the US economy indicates strong growth and job creation.

    Unemployment rates are already near levels not seen since the late 1960s and economic growth is set to accelerate, the report said.


    At the same time, IFAD has identified five risks to the US economy and the global economy.

    He explained that the first risk is high public debt, while the biggest risk lies in the rapid rise of inflationary pressures.

    The report pointed out that such austerity is likely to push the Fed to raise interest rates at a faster pace.

    The US central bank raised its benchmark interest rate by 25 basis points during its last meeting, ranging from 1.75% to 2%, with expectations of a potential increase to increase four times this year.

    The IMF also warned against the risks of international proliferation, as the shift in US policy could create negative risks for companies, individuals and institutions and may also be reflected in capital flows, especially in emerging markets.

    The IMF also highlighted the risks of future recession as well as increased global imbalances.

    The IMF said there was agreement on the need to increase federal spending on infrastructure, but that planned expansion of the deficit would make budget resources available to invest in the scope of required reforms that would promote medium-term growth and raise living standards.



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