| | | 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 |
|