United States: 2006 Article IV Consultation: Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion

International Monetary Fund

No 2006/279, IMF Staff Country Reports from International Monetary Fund

Abstract: The U.S. economy continued to grow strongly over the year even in the face of a withdrawal of monetary stimulus and high oil prices. Executive Directors commended the Federal Reserve for its monetary tightening. They recognized that the financial sector has proven innovative and resilient. They cautioned that demographic and other pressures will continue to threaten long-term fiscal sustainability and economic prospects. They agreed that the country has a key role in catalyzing vigorous implementation of the cooperative strategy laid out by the International Monetary and Financial Committee.

Keywords: ISCR; CR; Core CPI inflation; inflation expectation; price; core inflation; headline PPI inflation; market expectation; producer price inflation; Inflation; Housing prices; Budget planning and preparation; Securities; Global (search for similar items in EconPapers)
Pages: 69
Date: 2006-07-28
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