United States: Staff Report for the 2011 Article IV Consultation

July 25, 2011

Preview Citation

Format: Chicago

United States: Staff Report for the 2011 Article IV Consultation, (USA: International Monetary Fund, 2011) accessed December 26, 2024

Summary

The U.S. economy continues to recover at a modest pace, in line with international experience following severe financial crises. The key priority for fiscal policy is to stabilize the debt ratio and gradually reduce it. The fiscal framework should include an endorsement of the main medium-term fiscal objectives. Executive Directors recommend policy efforts to ease the adjustment of the housing and labor markets. Strengthening the domestic and international crisis-prevention architecture for financial institutions should be a priority. A multilateral approach to economic policy management is critical.

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

Keywords: Article IV discussion, Consumer price, Core consumer price inflation, CR, Europe, Global, Headline consumer price inflation, Housing prices, ISCR, Liability positions vis-à-vis nonresident, Securities, Staff appraisal, Staffs WEO projection

Publication Details

Pages:

70
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2011/201
Stock No:

1USAEA2011001
ISBN:

9781462317363
ISSN:

1934-7685

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