US: Financial crisis tipping US into recession |
|
• The deterioration in financial conditions in recent weeks has been faster and more severe than we had envisioned. Our downside risk scenario for the US economy is now materialising and we have revised our macroeconomic and monetary policy outlook as a result. We now expect the US economy to enter into recession in the coming quarters and do not expect growth to reach trend before 2010. • With both consumer and business credit drying up, domestic demand will face serious headwinds in the
Filed under: Fundamental
Latest Posts
- Currency Pair Overview - Forex Trading, Currency Forecast, FX …
- Daily Forex Signal
- Daily Forex Signal
- Mid Week Report - Fundamentally Speaking
- Forex News: US Beige Book Headlines from the Fed | FXDD
- Time and change
- Foreign Exchange Market Daily Update - Forex Trading, Currency …
- TopForex.info » Forex Trading: The Most Common Flaws Posted By …
- U.S Market Update
- U.S.: ISM Non-Manufacturing Index Falls into Uncharted Territory …
- US Dollar Held Firm against Majors - Forex Trading, Currency …
- Bottom Falls Out of ISM Non-Manufacturing Index - Forex Trading …
- Chart of the Day - GBP/USD
- Today’s Live Show
- Deflation Could Crush Canadian Dollar