«In a nutshell, the analysis shows that small business lending continues to have a difficult time emerging from the recession, which results in a much
slower pace of economic recovery.»
This was a welcome development for Metals & Mining equities, as metal prices have been under pressure for most of 2011 and 2012, largely, we suspect, due to concerns about a recession in Europe, slowing growth in key emerging markets, especially China, and the
sluggish pace of economic recovery at home.
To promote a
stronger pace of economic recovery and to help ensure that inflation, over time, is at levels consistent with its mandate, the Committee decided today to continue expanding its holdings of securities as announced in November.
Interest rates that break through new lows weekly and prices that are 30 % less than they were just two ago should be attracting eager buyers to the housing market; but the
snail pace of the economic recovery and worries about job security and economic insecurity keep them clinging to the fence.
The pace of the economic recovery is a point of debate, but the consensus borders on pessimistic.
However, the survey confirms that franchisors and franchisees remain frustrated with
the pace of the economic recovery and the uncertainty of numerous regulatory and public policy challenges.
«Many members judged that additional monetary accommodation would likely be warranted fairly soon unless incoming information pointed to a substantial and sustainable strengthening in
the pace of the economic recovery.»
«For a start,
the pace of economic recovery could slow quite markedly in the first few months of 2011.
However, while
the pace of economic recovery has finally picked up, figures released by the Office for Budget Responsibility (OBR) today confirmed that overall Osborne has presided over the slowest economic recovery in British history.
The shadow chancellor, Alan Johnson, urges an 11th hour rethink of Tuesday's planned VAT rise in a letter to the government today, as theConfederation of British Industry (CBI) warned public spending cuts could lead to a dramatic slowdown in
the pace of economic recovery.
Foreign interest In Europe
the pace of economic recovery varies from country to country, with France leading the charge and Spain yet to get off the ground.
For a broader insight into the world of fixed income and a look into the upcoming events signaling
the pace of our economic recovery, please refer to a recent post by my colleague, Kevin Horan.
The Committee anticipates a gradual return to higher levels of resource utilization in a context of price stability, although
the pace of economic recovery is likely to be modest in the near term.
Although
the pace of economic recovery is likely to be moderate for a time, the Committee anticipates a gradual return to higher levels of resource utilization in a context of price stability.
Continued concerns over commodity prices and
the pace of economic recovery both domestically and internationally has kept rates lower.
This week's economic calendar should bring more insight into the health and
pace of the economic recovery.
While the CAAMP spring survey report reflects a positive outlook by mortgage borrowers, Dunning cautions that
the pace of the economic recovery will remain modest in 2011 and 2012.