His supporters might point out that the 9/11 attacks hurt the economy; that the recession that hit in March of 2001, his first year, probably really began earlier; and that the cost of the wars in Afghanistan and Iraq and against terrorism have
further weakened the economy.
Not exact matches
While my own view is that the
economy is likely to
weaken much more sharply than the FOMC believes, I also believe that
further interest rate cuts will be largely ineffective in stimulating loan growth or economic activity.
Risks associated with investing in Industrials include the possibility of a worsening in the global
economy, acquisition integration risk, operational issues, failure to introduce to market new and innovative products,
further weakening in the oil market, potential price wars due to any excesses industry capacity, and a sustained rise in the dollar relative to other currencies.
Despite the Fed's bland, understated statement of «
further weakening» in the
economy that accompanied the decision of the new rock - bottom rate, the significance of the moment was not lost in the discussions inside the Fed's marbled headquarters.
A second source of risk would be a
further sharp appreciation of the Australian dollar, which might be driven by additional interest rate reductions around the world to combat a
weakening global
economy.
The Japanese
economy continued to
weaken in the first half of 1998, prompting the announcement of
further policy measures by the Japanese government.
Further increasing the strength of the USD was the United States» aggressive policies towards fighting its
weakened economy.
Realistically, this means resisting efforts to
further weaken national and regional
economies.
We can not raise taxes — that will only
further weaken a debilitated
economy — so we must adopt a pro-growth national agenda to create the tax revenue to stabilize teetering municipalities.
They then introduced a whole series of measures which
weakened the European
economy by comparison with those of the
Far East and America and so on.»
Given the foregoing decisions already taken with respect to shoring up the Nigerian
economy via external funding, seeking the advice of international economists to
further help strengthen the
weakening economy should be a next useful step.
«Furthermore, China, a major trade and business partner to a number of African countries is currently slowing down as it remodels its
economy, sparking fears of
further weakening.
Cohen also said that the WFP's big spending, anti-taxpayer agenda would do
further damage to the
weakened economy and a state government on the brink of financial collapse.
GOP's message Already, House Republicans have built a message surrounding the issue that hinges almost exclusively on the argument that carbon caps will
further raise costs for consumers and drive some business out of the country,
further weakening the country's
economy.
A sustained move of the 10 - year Treasury note yield above 5.5 percent would crimp consumers» and companies ability to borrow,
further weakening the housing sector and damaging the
economy as a whole, strategists said.
The Greek government, elected early this year on a platform of ending years of austerity imposed by Germany and other lenders, is pushing back against
further pension cuts and higher taxes, saying they would
further weaken an already crippled
economy.
And that's not even addressing the possibility that the domestic
economy and / or the global
economy weaken further.
In parallel, the global
economy continued to grow by more than 3 %, offering
further evidence that the link between economic growth and emissions growth is
weakening.
Because of this, the Russian
economy fell into a deeper recession than other commodity - based
economies,
weakening the ruble relative to the USD
further than what otherwise would have been expected.
South African investors are also concerned with the
further weakening of the SA
economy and the Rand.
They don't want inflation rates to fall too
far, as this limits their ability to boost a
weakening economy, but neither do they want tightening labor markets to overheat and lead to accelerating inflation.