Report title: UNITED STATES: Swelling deficit could retard recovery
from Oxford Analytica
1300 word report published Jun 24, 2009

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Abstract: Nevertheless, market concern about US medium-term fiscal sustainability could eventually undermine the US economic recovery by increasing borrowing costs and delaying the stabilisation of housing prices. It might also reduce longer-run US economic growth potential by crowding out private investment and by raising inflationary expectations.

Brief Excerpt: UNITED STATES: Fiscal shortfallsUNITED STATES: Swelling deficit could retard recovery Demand was strong yesterday in an auction for 40 billion dollars in two year US Treasury Notes, as the renewed bout of market risk-aversion pushed...

Source: Oxford Analytica
Country / Region: NA, United States, IMF-World Bank
Topic: economy, debt, fiscal, government, growth, prices, health, pensions, reform, welfare
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Table of Contents:
 
GEOGRAPHIC REGIONS : NA, United States, IMF-World Bank
 
TOPICS : economy, debt, fiscal, government, growth, prices, health, pensions, reform, welfare
 
SIGNIFICANCE : Nevertheless, market concern about US medium-term fiscal sustainability could eventually undermine the US economic recovery by increasing borrowing costs and delaying the stabilisation of housing prices. It might also reduce longer-run US economic growth potential by crowding out private investment and by raising inflationary expectation 

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