• Fed Chairman Bernanke: Economy has slowed somewhat in the first half of the year

Market news

17 July 2012

Fed Chairman Bernanke: Economy has slowed somewhat in the first half of the year

  • European markets, the economy continues to experience considerable stress

  • U.S. economic recovery hampered multiple obstacles

  • Employment growth is likely to be "painfully slow"

  • Fiscal policy of the U.S., the uncertainty of harm to economic recovery

  • Euro crisis hurt global economic activity, United States

  • The confidence of households has remained relatively low

  • The housing market shows signs of moderate improvement

  • The growth of household spending continues, the pace may slow

  • The production, reduced costs companies

  • GDP growth in Q2 is likely to be below 2%

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