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Good news from the US economy. In the second quarter, the pil Use is in fact increased by 3.7%, against an initial estimate of 2.3%. This was announced by the Department to the American business. The growth figure set to sign between April and June, exceeding expectations which estimated an increase of 3.3%. A leap forward compared to the first quarter performance, when progress had stopped at a 0.6%.
Driving the US GDP was mainly a sharp acceleration in spending on consumption by households, favored the increase of ‘ Employment (the jobless rate fell to 5.3%) and the fall in the price of the oil . But impact on the excellent result for the second quarter is also a marked increase in investment by companies, a sign that entrepreneurs have confidence in further expansion of the US economy, despite the financial market turbulence internationally.
Now the eyes are on the decisions of the Fed , the central bank, that by the year confirmed that he plans to raise the rate for the first time since 2006, noting that the economy is now firmly out of the crisis. Retouching was initially scheduled for September, but the collapse of the Asian stock markets suggested to postpone. Now the dilemma is whether to proceed anyway, since raising rates at a time when China worries investors could worsen the situation even slowing American locomotive. Some signal should come from the annual meeting of central bankers at Jackson Hole , in Wyoming, on Friday and Saturday. This year, however, are missing the big: the number one of the Fed, Janet Yellen is replaced by the vice Stanley Fischer, and even ECB President, Mario Draghi , it is the game.
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