empty
 
 
Chystáte sa opustiť
www.instaforex.eu >
webovú stránku, ktorú prevádzkuje
INSTANT TRADING EU LTD
Otvoriť účet

03.12.202012:40 Forex Analysis & Reviews: US economy may stop growing by the end of this year

Tieto informácie poskytujeme retailovým a profesionálnym klientom ako súčasť marketingovej komunikácie. Neobsahujú investičné poradenstvo, investičné odporúčania, ponuku ani výzvu na vykonanie transakcie alebo použitie stratégie na finančných nástrojoch a ani by sa tak nemalo s nimi zaobchádzať. Minulá výkonnosť nie je zárukou ani predikciou budúceho výkonu. Spoločnosť Instant Trading EU Ltd. neručí a nepreberá žiadnu zodpovednosť za správnosť a úplnosť poskytovaných informácií ani za stratu, ktorá by vyplynula z akejkoľvek investície založenej na analýze, predpovedi alebo iných informáciách poskytnutých zamestnancom spoločnosti alebo iným spôsobom. Celé vylúčenie zodpovednosti nájdete tu.

Exchange Rates 03.12.2020 analysis

In an interview with CNBC, head of Dallas Fed, Robert Kaplan, said the growth of the US economy could stop either by the end of this year or in the first quarter of 2021. The main reason for this, in his opinion, is the rapid spread of coronavirus in the country.

Kaplan claims that only mass vaccination can return the strong economic growth, therefore, he predicts that in 2021, the US GDP will grow by 3.5%. In such a situation, Kaplan said that taking budgetary support measures would be very useful.

To date, the Federal Reserve is buying back US Treasuries and $ 120 billion worth of mortgage-backed bonds monthly. Given this, the Fed may well support the economy by focusing on the far end of the yield curve.

Chairman of the New York Fed, John Williams, also said the US economy is under a deep crisis, being in a state of stagnation.

Patrick Harker, president of the Philadelphia Fed said the recovery of the US economy will directly depend on the availability of COVID-19 vaccine and whether the government resumes support. He projects that the US economy will grow moderately until the end of this year, as well as in the first quarter of 2021. Meanwhile, recovery in the second half of next year will accelerate only if the vaccine becomes generally available next spring or summer. But for this, Harker said a larger budget support is needed.

Aside from that, Harker believes that most of jobs that were cut during the quarantine period will no longer be restored, because companies are using technology to cut staff.

He also said that anti-crisis lending programs need to be extended in 2021, because the economy will still need support.

Andreeva Natalya
Analytical expert of InstaForex
© 2007-2024

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.




Teraz opúšťate stránku www.instaforex.eu, ktorá patrí spoločnosti INSTANT TRADING EU LTD
Can't speak right now?
Ask your question in the chat.

Turn "Do Not Track" off