男女羞羞视频在线观看,国产精品黄色免费,麻豆91在线视频,美女被羞羞免费软件下载,国产的一级片,亚洲熟色妇,天天操夜夜摸,一区二区三区在线电影
您現在的位置: > Language Tips > Audio & Video > Normal Speed News  
 





 
US Federal Reserve chief paints mixed economic picture
[ 2007-03-29 09:12 ]

The United States' top monetary official says the country's economy continues to grow and create jobs, but is hindered by several factors, including negative developments in the housing industry. VOA's Michael Bowman reports from Washington, where Federal Reserve Chairman Ben Bernanke spoke at a hearing of Congress' Joint Economic Committee.

If legislators were looking for a clear-cut, decisive prediction on the future of the U.S. economy, they did not get it from Ben Bernanke. The U.S. central bank chief noted several positive trends that suggest further economic expansion, including rising exports and continued job creation.

"The continuing increases in employment, together with some pick-up in real wages, have helped sustain consumer spending, which increased at a brisk pace in the second half of last year, and has continued to be well maintained so far this year," he said.

"Growth in consumer spending should continue to support the economic expansion in coming quarters," he continued.

But Bernanke was quick to add that all is not well. In particular, he pointed to a dramatic slowdown in America's once-booming housing market, regarded as a primary engine of U.S. economic growth in recent years.

"To the downside, the correction in the housing market could turn out to be more severe than we currently expect, perhaps exacerbated by problems in the sub-prime sector," the Federal Reserve chairman said.

"Moreover, we could see yet greater spillover from the weakness in housing to employment and consumer spending than has occurred thus far," he added.

The "sub-prime sector" refers to mortgages held by roughly 10 percent of U.S. homeowners that often feature higher interest rates and sometimes allow a homeowner to pay only the interest on their loan, thereby accruing no equity. Such plans are generally offered to people with poor credit or low income levels.

Foreclosures in the sub-prime sector have skyrocketed in recent months, leading U.S. officials and legislators to question the lending practices of some financial institutions.

The Federal Reserve Board decides when and whether to raise or lower interest rates, based on its reading of current economic conditions and its projections of future ones. Many look to the Federal Reserve chairman as America's top economic prognosticator.

Earlier this month, Bernanke's predecessor, Alan Greenspan, said there is a one in three chance that the United States will slide into a recession by year's end.

Speaking on Capitol Hill, Bernanke said there is insufficient evidence to conclude that America's five-year economic expansion will "die of old age."



點擊進入更多VOA常速



clear-cut
 : clean and obvious(清晰明了的)

foreclosure : the act of foreclosing, especially a legal proceeding by which a mortgage is foreclosed(抵押贖回權的喪失)

prognosticator : 預言者

(來源:VOA  英語點津姍姍編輯

 

 
 
相關文章 Related Stories
 
Britain to withdraw 1,600 troops in Iraq Iraq still dominates US Presidential race
Violence across Iraq scattered Iraq dominates early stage of US presidential race
         
 
 
 
 
 
         

 

 

 
 

48小時內最熱門

     

本頻道最新推薦

     
  《天堂》之見:Inside your heaven
  The Patriot《愛國者》(精講之五)
  Trying to understand food labels
  Senate backs timeline for US troop withdrawal from Iraq
  Socially responsible investing grows

論壇熱貼

     
  How to Solve Traffic Problem in Big City
  Animal Farm by George Orwell
  how to say 農村信用合作社
  “江湖”英文要怎么說?
  老地方見!怎么說呢?
  急火攻心?






主站蜘蛛池模板: 三穗县| 安国市| 广汉市| 台中县| 安图县| 开化县| 金坛市| 双流县| 沁源县| 靖宇县| 英山县| 页游| 安康市| 阳西县| 杭州市| 连南| 布尔津县| 夏邑县| 松原市| 洞口县| 措勤县| 肃南| 澄江县| 叶城县| 丰顺县| 新乡县| 江西省| 天镇县| 益阳市| 林州市| 南充市| 玛沁县| 喀什市| 林芝县| 泸定县| 客服| 子洲县| 德令哈市| 法库县| 全州县| 秀山| 富宁县| 莲花县| 荣成市| 鹰潭市| 平凉市| 白山市| 方城县| 荆门市| 汉源县| 大竹县| 台南县| 尚志市| 阿拉尔市| 博白县| 上虞市| 历史| 松江区| 赫章县| 汉中市| 澄迈县| 嘉祥县| 乌兰察布市| 延安市| 烟台市| 建昌县| 泰顺县| 黑山县| 墨玉县| 梧州市| 合作市| 年辖:市辖区| 长春市| 察隅县| 博爱县| 本溪市| 长海县| 咸宁市| 汝州市| 民勤县| 新邵县| 顺义区|