Sentences with phrase «what fragile recovery»

«Housing is so important to the American economy, and they provide so much of the financing behind that, that it is hard to imagine that Congress will take too traumatic a step too rapidly, less they undermine what fragile recovery might be taking place in housing,» says Stoffers.

Not exact matches

This turmoil has confirmed what our central banker, Mark Carney, said in his statement last week: that the economy is growing, in both Canada and globally, but the recovery is still fragile, especially in the US and the Euro - periphery, and that while food and gas prices have pushed up inflation, it should moderate from here.

With the housing market expected to be in a fragile state for some time, and with low interest rates a key component of recovery for housing, what would happen to the housing market if interest rates visit 7 % or 8 % — or even approach 9 %, as they did in the beginning of this decade?

While the pain from an imploding subprime auto loan market would be much less than what ensued from the housing crisis, the economy is still on relatively fragile footing, and losses could ultimately stall the broader recovery for millions of Americans.