Add to ORKGAs 1988 has progressed, concern has shifted from recession to inflation. This year could be an important turning point for the trend of prices, the response of the Federal Reserve, and economic priorities as a result of this November's election. Recession this year was not a part of the SOMC forecast, either before or after the October 1987 stock market crash. However, we now project a mild downturn beginning by mid-1989 and lasting two or three quarters. This forecast results from two key assumptions. One is that monetary growth has been excessive in 1988, helping to push inflation into the 5 percent - 6 percent range next year. The second assumption is that once inflation reaches such levels monetary policy will become quite restrictive ...
A moderate economic recovery is expected during the second half of 1982, followed by more robust gro...
The outlook for the world economy is, on balance, probably more favourable than when we last reporte...
The current economic slump has resulted from the 1999-2000 monetary tightening that generated slowe...
As 1988 has progressed, concern has shifted from recession to inflation. This year could be an impor...
The forecast for the next year is positive. Inflation in the United States peaked for this cycle in ...
As discussed below, we believe that the strong 1983 output growth reflected monetary stimulus more t...
Growth in the world economy remained strong at the end of last year producing an outturn of around 4...
National Forecast The U.S. Economy will continue to expand during 1989, although at a slower rate...
Slower economic growth and some moderation in inflation are forecast for the balance of the year. Fo...
The slow national economic growth of late 1989 and early 1990 will set the stage for a more sustaina...
The National Economy On the whole, 1989 will tum out to be a year of curtailed growth for the natio...
Highlights: 1. National economic growth will slow in 1989 following strong growth in the balance o...
Although monetary growth is beginning to ease from the rapid pace which characterized much of 1977, ...
A volatile monetary policy is leading to erratic and conflicting signals throughout the economy. The...
Growth in the British economy continues at a high rate. To date there is little evidence that the co...
A moderate economic recovery is expected during the second half of 1982, followed by more robust gro...
The outlook for the world economy is, on balance, probably more favourable than when we last reporte...
The current economic slump has resulted from the 1999-2000 monetary tightening that generated slowe...
As 1988 has progressed, concern has shifted from recession to inflation. This year could be an impor...
The forecast for the next year is positive. Inflation in the United States peaked for this cycle in ...
As discussed below, we believe that the strong 1983 output growth reflected monetary stimulus more t...
Growth in the world economy remained strong at the end of last year producing an outturn of around 4...
National Forecast The U.S. Economy will continue to expand during 1989, although at a slower rate...
Slower economic growth and some moderation in inflation are forecast for the balance of the year. Fo...
The slow national economic growth of late 1989 and early 1990 will set the stage for a more sustaina...
The National Economy On the whole, 1989 will tum out to be a year of curtailed growth for the natio...
Highlights: 1. National economic growth will slow in 1989 following strong growth in the balance o...
Although monetary growth is beginning to ease from the rapid pace which characterized much of 1977, ...
A volatile monetary policy is leading to erratic and conflicting signals throughout the economy. The...
Growth in the British economy continues at a high rate. To date there is little evidence that the co...
A moderate economic recovery is expected during the second half of 1982, followed by more robust gro...
The outlook for the world economy is, on balance, probably more favourable than when we last reporte...
The current economic slump has resulted from the 1999-2000 monetary tightening that generated slowe...