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Briefing you for business across the globe
 


Country Briefings provides carefully researched aggregated information covering the economy, stock market, politics and corporate affairs.


These extracts are from the The Economy section of United States's Briefings.


Extract from the Briefing covering the period 29/03/2005-19/05/2005
S&P Cuts GM and Ford to Junk
The Federal Reserve raised interest rates for the eighth time since June on 3rd May to 3%. The Fed reassured investors that it would remain 'measured' in its approach to further interest rate ...

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Extract from the Briefing covering the period 14/02/2005-28/03/2005
Budget Deficit the Biggest Threat
The Federal Reserve raised interest rates by another 0.25% to 2.75% on March 22nd stating, "Pressures on inflation have picked up in recent months and pricing power is more evident". ...

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Extract from the Briefing covering the period 23/12/2004-13/02/2005
President Bush Sends US$2.57 Trillion Budget to Congress
In 2003 health spending increased by 7.6% compared to 2002 (the slowest rate in seven years), as benefits were cut for state and federal programmes, eligibility guidelines were tightened and less was ...

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Extract from the Briefing covering the period 04/11/2004-22/12/2004
How Long Can Greenspan Play Down Dollar Dangers ?
America, for decades the breadbasket of the world, is importing so much food that the Department of Agriculture announced that in June and August more agricultural goods were imported than exported. T...

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Extract from the Briefing covering the period 14/09/2004-05/11/2004
Will President Bush Now Progress the Road Map ?
The Federal Open Market Committee in September, as expected, increased its interest rates by twenty-five basis points to 1.75%. ...

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Extract from the Briefing covering the period 02/08/2004-13/09/2004
Can the Oil Price Fall Much Further ?
The non-partisan Congressional Budget Office (CBO) estimates that the deficit will fall from this year's 3.6% of national income, a record US$422bn, to 2.1% of GDP in five years time. The CBO'...

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Extract from the Briefing covering the period 17/06/2004-01/08/2004
Higher Oil Prices Could be the Norm
Federal Reserve Chairman Alan Greenspan, in his second day of testimony on Capitol Hill last week, confirmed his belief that the US economy is strengthening and inflation remains under control. He wen...

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Extract from the Briefing covering the period 11/05/2004-16/06/2004
Greenspan Catches Traders on the Hop
President George W Bush in May nominated Alan Greenspan for his fifth term as Chairman of the US Federal Reserve stating, " Sound fiscal and monetary policies have helped unleash the potential of...

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