Archive for the ‘Uncertainty’ tag
Economists Divided on Direction of Economy, Inflation
With the second half of the year just beginning, economists are
questioning if the worst of the U.S. downturn is already over, or whether
uncertainty about rising prices spells more gloom and doom for the
economy.
While there is pressure for the Fed to combat inflation, the central
bank remains constrained not only by broad-based, anemic growth, but by
the fact that soaring energy prices are caused by increased global demand
rather than by U.S. consumers…
FOMC Holds Target Rate at 2.00%, Cites Uncertainty in Inflation Outlook
The Federal Reserve announced Wednesday that it would hold the
Fed funds target rate at 2.00%, as was widely expected.
The accompanying statement was balanced between a concern for slowing
growth and rising uncertainty in inflation.
In the statement, the Fed said “overall economic activity continues to
expand, partly reflecting some firming in household spending.”
American Express Survey Shows Companies to Focus on Growth and Expenses
Despite the current bleak financial outlook, companies are finding
ways to watch expenses and invest in growth, according
to a report issued by the American Express/CFO Research Global Business
and Spending monitor.
The American Express report indicator shows that companies are
actively searching ways to pursue growth while maintaining efficient
spending practice. “While it is hard to deny the uncertainty in today’s
economic climate, companies around the world are looking for ways to
maintain their growth momentum…