If the consumer is slowing consumption faster than corporate America expects, it could lead to severe compression of corporate profit margins.
On the international stage, it appears that the FOMC has company in choosing to hold rates steady at their current level. The European Central Bank left its benchmark rate unchanged at 3% recognizing a slowing economy and the continued risk of inflation...
If at our website you can not find any essay you need for your study, you can order a paper on any topic with us.
Our company employs only qualified writers that are Master's and PhD holders.
Order custom written essay
Research papers are written by professional writers
Requirements are always met
Posibility to control the working process of your paper
A chance of becoming the best student in your class.
The European Central Bank left its benchmark rate unchanged at 3% recognizing a slowing economy and the continued risk of inflation. The ECB suggested that they would raise rates should inflation not abate (Wall Street Journal). In Asia, Japanese industrial output declined in July after finally showing signs of life at the beginning of the year (White and Buckland) while China just revised their 2005 GDP growth figure to 10...