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Essay heading: Economic Crisis 2007
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Business |
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| Date added: |
August 4, 2001 |
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2 / 335 |
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Essay content:
A falling dollar will also help fuel inflation, in the long run, through higher import prices on both oil and imported household goods.
The economy is still sluggish, credit markets still in turmoil, housing prices are sharply declining, consumer confidence is taking a plunge, and output is only expected to grow at one percent annually in the last three months of 2007...
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If growth continues to substantially slow, the Federal Reserve will have to provide additional economic stimulus to jump start the economy in 2008.
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