Forex wireless

International Monetary Fund (IMF) 30 published assessment report said that the U.S. economy in 2009 is expected to achieve slow recovery, the report also urged the U.S. government to take additional measures to cope with the current housing market crisis and financial turmoil.
Reported that the U.S. housing market bubble burst the housing needs of a substantial decline in credit environment has deteriorated, which led to the U.S. economy at a difficult situation. In addition, the surge in oil prices so that the U.S. economy becomes more sluggish, but this year not go so far as negative growth.
According to the International Monetary Fund after the assessment, U.S. economic growth this year is projected at 1.3 percent, next year is projected at 0.8 percent. But the group warned that U.S. housing prices could still continue to fall, so that the U.S. economy is full of uncertainties. The organization urged the United States to take additional economic stimulus measures to prevent housing prices continued to decline, while strengthening financial supervision.
However, according to the International Monetary Fund officials, the Bush administration on the assessment of some of the contents of the report took a different view. The U.S. Treasury Department official said that taking into account the U.S. economy flexible, but the U.S. government on economic issues has made rapid response, the U.S. economy will soon rebound.