United States: 2006 Article IV Consultation: Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion

July 28, 2006

Preview Citation

Format: Chicago

United States: 2006 Article IV Consultation: Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion, (USA: International Monetary Fund, 2006) accessed November 22, 2024

Summary

The U.S. economy continued to grow strongly over the year even in the face of a withdrawal of monetary stimulus and high oil prices. Executive Directors commended the Federal Reserve for its monetary tightening. They recognized that the financial sector has proven innovative and resilient. They cautioned that demographic and other pressures will continue to threaten long-term fiscal sustainability and economic prospects. They agreed that the country has a key role in catalyzing vigorous implementation of the cooperative strategy laid out by the International Monetary and Financial Committee.

Subject: Budget planning and preparation, Financial institutions, Housing prices, Inflation, Prices, Public debt, Public financial management (PFM), Securities

Keywords: Budget planning and preparation, Core CPI inflation, Core inflation, CR, Global, Headline PPI inflation, Housing prices, Inflation, Inflation expectation, ISCR, Market expectation, Price, Producer price inflation, Securities

Publication Details

Pages:

69
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2006/279
Stock No:

1USAEA2006002
ISBN:

9781451839661
ISSN:

1934-7685

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