首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
The recovery, of the US economy during the first quarter of this year has been so spectacular that it is creating a new set of r
The recovery, of the US economy during the first quarter of this year has been so spectacular that it is creating a new set of r
admin
2011-01-26
76
问题
The recovery, of the US economy during the first quarter of this year has been so spectacular that it is creating a new set of risks for financial markets. The great new risks now facing the US economy center on monetary policy and the oil market. The current federal funds interest rate of only 1.75 percent has clearly become unsustainable in view of the economy’ s resilience. The Federal Reserve will raise interest rates by at least 0.25 percentage points during the second quarter and could increase short-term interest rates to at least 3 percent before the autumn--the level they were at before September 11.
Such tightening would probably cause refinancing to slump to about $ 300 billion at annual rates late this year, which would eliminate capital gains as a prop for consumer spending. Rising interest rates could also damp the rally likely to occur in the equity market as corporate profits recover. If investment spending fails to revive, the economy’ s annual growth rate could slide back to the 2- 3 percent.
The oil price is also a big risk, mainly because the Bush administration appears determined to attack Iraq. The probability of war could easily push the oil price back into the $ 35-- $ 40 a bar rel range for at least a few months. In effect, that would impose a big new tax on consumer spending and corporate profits. The prospect of monetary tightening and a sharp increase in the oil price suggests that late 2002 and early 2003 could be a period of great volatility for the US economy.
选项
答案
今年第一季度美国经济如此壮观的复苏,正给金融市场带来一系列新的风险。美国经济面临的这些巨大的新风险集中来自于货币政策和石油市场。从经济恢复力来看,目前只有百分之1.75的联邦利率已明显无法持续。美联储决定将在第二季度提升利率至少0.25个百分点,并会在秋季前将短期利率提升至3%以上——这也是美国在9.11之前的利率水平。 这样的紧缩政策可能会导致今年年底再集资水平跌至3/亿/年,这将使资本收益在消费性支出中的支柱作用荡然无存。利率的提高也将抑制企业利润好转下股票市场的回升。如果投资支出没能复原,整个经济的年增长率将回落至2—3%。 石油价格也是一大风险,这主要是因为布什政府表现出来的攻打伊拉克的坚决态度。战争的可能性可以轻而易举地将油价推回到35-40美元一桶,而且这一持续就会是几个月,结果将是在消费性支出和公司利润头上新加了一大笔税赋。货币紧缩政策与油价急剧攀升的前景暗示着2002年底和2003年初可能是美国经济的一大波动期。
解析
转载请注明原文地址:https://jikaoti.com/ti/cHXYFFFM
0
考博英语
相关试题推荐
Lookatthenotesbelow.Someinformationismissing.YouwillhearareportonIndianeconomy.Foreachquestion(16-22),filli
Youwillhearaconversationthroughaphone.Foreachquestion(23-30),markoneletter(A,BorC)forthecorrectanswer.After
Youwillhearaconversationthroughaphone.Foreachquestion(23-30),markoneletter(A,BorC)forthecorrectanswer.After
Lookattheformbelow.Someinformationismissing.Youwillhearawomanbookingexhibitionspaceonthephone.Foreachquest
SouthernNewspaperGroup-titlesincludetheDailyRecord
A、Translationisdoneatthesametime.B、Speecheswillbetranslatedlater.C、Youwillgettranslatedversionrightaway.A有关多语
TipsforRunning/AttendingBusinessConferenceABringnecessarymaterialssuchasanotepadandapenBC
1.他是个极其自负的怪人。除非事情与自己有关,否则他从来不屑对世界或世人瞧上一眼。对他来说,他不仅是世界上最重要的人物,而且在他眼里,他是唯一活在世界上的人。他认为自己是世界上最伟大戏剧家之一、最伟大的思想家之一、最伟大的作曲家之一。听听他的谈话,仿佛他就
(Hardlyhehad)entered(theoffice)whenherealized(thathe)(hadforgotten)hiswallet.
一位负责扶贫工作的官员说,到2004年底,尽管大多数贫困人口将解决温饱问题,还将有一些生活极端贫困的人们,他们还需要政府资助。此外,对于那些刚刚脱贫的人们,他们目前的生活状况必须改善,因为他们的生产和生活状况没有从根本上被改变。如果遭受自然灾害的袭击,就可
随机试题
下面几位历史人物,属于一朝开国国君的是()。
市场跟随者有以下3种战略可供选择:________、________、________。
A.放射损伤的修复B.细胞周期再分布C.乏氧细胞再氧合D.再群体化E.血管生成某一既定单次照射剂量分成间隔一定时间的两次照射所观察到的存活细胞增加,是由于发生了
寒湿凝滞型痛经的主要证侯是
男性,70岁,体重50kg,因胃癌进行手术治疗。术中输注全血。当输注至1000ml时,患者突然出现呼吸急促、发绀,颈静脉怒张,咳嗽,双肺部湿性啰音,脉搏130次/分,血压160/90mmHg。患者很可能发生了
关于工作丰富化的说法,正确的是()。
2012年新修改的民事诉讼法增加了对公益诉讼制度的规定.这是环境公益诉讼在程序法方面的进步,但仍然缺少具体规定来________。而在司法实践中,由于相关法律条文的缺失,导致法院不受理环保诉讼的情况________。填入划横线部分最恰当的一项是:
大学生到农村体验生活,一般安排住在当地农户家里,结束实践活动后,学生为了感谢农户都会送农户礼物,日积月累,许多农户就要求安排富裕的学生到他家住,你作为学校的工作人员,针对这种情况,你会怎么处理?
设随机变量(X,Y)的概率密度为f(x,y)=求fX(x),fY(y),判断X与Y是否独立?
A、 B、 C、 D、 C
最新回复
(
0
)