TITLE

Economic Growth: Recent Developments

PUB. DATE
March 2012
SOURCE
United States Country Monitor;Mar2012, p5
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article discusses several global economic developments and projections in 2011-2012. It expects additional interest rate cuts from the European Central Bank (ECB) as the Eurozone economy suffers recession. It projects that the euro will weaken to 1.25 U.S. dollars by mid-2012 and that the Chinese renminbi will experience a gradual appreciation. Also explored are the effects of higher gasoline prices and food prices on consumer price index (CPI) inflation in 2011.
ACCESSION #
72444224

 

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