The latest review by US FED on the state of the US economy shows a slow but steady recovery. Many manufacturers have shown positive growth in demand and most of them are expecting improvement in recruitment scenario over the coming months.
Given the low inflation levels, we can expect the interest rates to remain at the current levels for one quarter at least, say experts. Housing sector is still not showing recovery in many states, and the government is likely to put special efforts on this sector over the coming months.
The high level of unemployment is still a cause for concern for the US FED authorities as full fledged economic recovery is not possible without reduction in unemployment levels.
US FED says the economy is slowly recovering
March - 3 - 2010 - Wednesday
