The year ahead: Slower growth, higher interest rates, and moderate inflation is projected

Article Abstract:

Businesses and consumers are likely to face a mixed economic outlook in the 2005, as most forecasters are projecting slower growth, higher interest rates and moderate inflation. The US economic growth is expected to slow to between 3.5 percent and 4.1 percent due to moderate consumer spending, a budget deficit representing five percent of total gross domestic product and the depreciation of the dollar.

Interest Rates, Pensions

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Falling dollar, stable interest rates dampen hopes

Article Abstract:

Overseas economic prospects and higher yields on assets trading in other currencies depreciated the U.S. dollar against the euro and other major currencies. This is expected to further depreciate the U.S. dollar in the year 2007, which has positive effects on the domestic economy and also on export-oriented companies, which would be more competitive in international markets.

Dollar (United States)

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Softening the blow: Consumers provide cushion for slowing U.S. economy

Article Abstract:

A report on the slowing of the U.S. economic growth due to secure jobs and higher wages but increase in inflation due to impacts of food and fuel is presented.

Wages and salaries, Salary

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