Tag Archives: imf
Some Gloom ... Yet More Glee!
Posted on 30. Jun, 2010 by Chris Lang.
The US Federal Reserve is concerned that consumption is still being underpinned by government funding.
And so, even though stimulus measures may be winding down ... the Fed has decided to maintain interest rates at their historically low level.
It seems that households and businesses are preferring to repay debt, rather than spend to encourage investment [...]
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Positive Signs Continue in China
Posted on 23. Apr, 2009 by Chris Lang.
Despite what the IMF has to say this morning ... the World Bank expects China's economy to start growing by mid-year, as a result of its massive stimulus package (some $A800 billion).
Overall growth for China has become more certain, as activity moves from state-funded projects into housing and improved consumption.
