IMF sharply cuts US economic growth this year and next

Sina Finance News on the morning of September 20th in the US Eastern Time (Beijing time on September 20th evening) news, the International Monetary Fund (IMF) this year for the third time cut the US economic growth forecast for this year and next, it is expected that the US economy in 2011 only The growth rate was 1.5%, and the reduction was 1 percentage point, the highest in the global economy. The IMF released the latest global economic outlook report, which cut the global economic growth forecast by 0.3% and 0.5% respectively this year and next, and both fell to 4%. The US economy has experienced the largest decline in economic growth this year, from 1.5% expected in June to 1.5%, and next year's economic growth rate also dropped from 2.7% to 1.8%. The IMF pointed out in the report that the downward adjustment of the global economic growth is mainly due to the fact that the developed countries affected by the financial crisis, such as the United States, have a longer-than-expected transition from public demand to private demand, and the eurozone sovereign debt and banking system problems are more difficult than expected. The earthquake in Japan and the turmoil in the Middle East have plagued oil prices. In contrast, the IMF is more pessimistic about the US economic situation this year and next than the Fed and Goldman Sachs. According to the Fed’s June meeting on interest rate meeting, it expects the US economy to grow at a rate of 2.7% to 2.9% this year, and next year’s growth rate will be 3.3% to 3.7%. Goldman Sachs’ latest report in September predicts that the growth rate will be 1.6% in the US and next year. And 2%. According to the Ministry of Commerce, the US GDP growth rate in the first quarter of this year was only 0.3%, and the growth rate in the second quarter was 1%. The IMF expects that the US economic growth rate will gradually increase from 1% in the second quarter to 2% in late 2012. The agency specifically mentioned the seriousness of the employment situation in the United States, pointing out that high unemployment will further dampen the confidence of American families in future income. More than 40% of unemployed people have been unemployed for more than six months and may completely lose their ability to work. The US unemployment rate remained high at 9.1% in August. Goldman Sachs expects the unemployment rate at the end of the US and the US to be 9.1% and 9.4% respectively. US President Barack Obama earlier submitted a $447 billion employment promotion program to Congress, but he proposed a Republican resistance by balancing the government spending with the rich. Obama officially submitted to Congress the 4.4 trillion deficit reduction plan for the next decade, including an increase of 1.5 trillion yuan in taxes. The IMF cautioned in the report that if the financial improvement of developed countries comes at the expense of national disposable income, the country's economy may fall into stagnation. “For example, if wage tax cuts and unemployment benefits are not extended in the United States, the US economy will slow down significantly; at the same time, if the medium-term fiscal improvement policy is not implemented, ordinary households and vendors will hold on to the economic outlook. A more pessimistic attitude, significantly increasing its deposit rate, the result is that economic growth may face a 'lost decade'." In terms of financial markets and monetary policy, the IMF pointed out that due to concerns about the European debt crisis and the global economic growth, especially the US The financial market turmoil has intensified. While the US monetary policy is still relatively loose, the second round of quantitative easing (QE2) has ended, but the Fed has pointed out that it will maintain zero interest until mid-2013. The Federal Reserve held a September meeting on interest rates on the 2nd and tomorrow. The market expects the Fed to take further policy actions to support economic growth. Among the three policy instruments mentioned in the Fed’s August interest rate statement, the higher voice is the “distorting operation”, which is to reduce long-term interest rates by selling short-term debt and buying long-term debt. (Yan Yan from New York, USA)  

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specifications				width  (m)	length (m)	weight (kg/m2)
mesh  thickness(mm)	distance short(mm)	distance long(mm)	strip(mm)
0.5	2.5	4.5	0.5	0.5	1	1.8
0.5	10	25	0.5	0.6	2	0.73
0.6	10	25	1	0.6	2	1
0.8	10	25	1	0.6	2	1.25
1	10	25	1.1	0.6	2	1.77
1	15	40	1.5	2	4	1.85
1.2	10	25	1.1	2	4	2.21
1.2	15	40	1.5	2	4	2.3
1.5	15	40	1.5	1.8	4	2.77
1.5	23	60	2.6	2	3.6	2.77
2	18	50	2.1	2	4	3.69
2	22	60	2.6	2	4	3.69
3	40	80	3.8	2	4	5.00
4	50	100	4	2	2	11.15
4.5	50	100	5	2	2.7	11.15
5	50	100	5	1.4	2.6	12.39
6	50	100	6	2	2.5	17.35
8	50	100	8	2	2.1	28.26

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