United States: Staff Report for the 2012 Article IV Consultation

August 2, 2012

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Format: Chicago

United States: Staff Report for the 2012 Article IV Consultation, (USA: International Monetary Fund, 2012) accessed November 21, 2024

Summary

The slow-paced growth rate of the U.S. economy, notwithstanding the bolstering attempts is disheartening. Implementing financial reforms and highly accommodative monetary policy are hoped to have a desired effect. Deficit reduction, debt ratio stabilizing strategies, removal of fiscal cliff uncertainties, effective implementation of housing, and labor market holstering policies need immediate attention in the Executive Board’s view. Underscoring the effect on global economy growth and stability, Directors commended U.S. efforts in fostering international coordination on financial regulatory reforms and in securing successful multilateral trade negotiations.

Subject: Banking, Financial crises, Financial institutions, Housing prices, Mortgages, Prices, Public debt, Securities

Keywords: Annualized real GDP growth, CGER estimate, CR, Estimate, Europe, Fiscal cliff, Global, Growth, Housing prices, ISCR, Mortgages, Near-term growth, Securities, Staff appraisal

Publication Details

Pages:

74
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2012/213
Stock No:

1USAEA2012001
ISBN:

9781475504903
ISSN:

1934-7685

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