Ads
AdsNEWPAGES AD
  • City Mart Sdn Bhd Heat Press Mart Sdn Bhd Oak Leaf Printing & Advertising Oak Leaf Printing & Advertising Oak Leaf Printing & Advertising Oak Leaf Printing & Advertising Oak Leaf Printing & Advertising Oak Leaf Printing & Advertising
Please login to use this feature. You can use this feature to add the product to your favourite list.
Close
You have added this product to your favorite list. Check My Favourite
Close
You have removed this product from your favourite list.
Close
Please login to use this feature. You can use this feature to add the company to your favourites list.
Close
This company has been added successfully. Check My Favourite
Close
This company has been removed from your favourite list.
Close
Please login to use this feature. You can use this feature to add the company to your inquiry cart.
Close
This company has been added to your inquiry cart.
Close
This company has been removed from your inquiry cart.
Close
This product has been added to your inquiry cart.
Close
This product has been removed from your inquiry cart.
Close
Maximum number of Product/Company has been reached in inquiry cart.
Close
Fictron Industrial Supplies Sdn Bhd
Fictron Industrial Supplies Sdn Bhd

Fed Sees Moderate Growth but Problems in Trade and Floods

19-Apr-2019

The Federal Reserve said Wednesday the economy was extending at a moderate pace in March and early April, despite uncertainty caused by trade tensions and severe flooding in the Midwest.
 
In its newest report on economic conditions around the country, the Fed said that some districts reported a slight strengthening following a slowdown this winter. But weakness remained, especially in sluggish consumer spending, which accounts for two-thirds of economic activity.
 
The Fed report, called the beige book, said that charges required on imports, higher shipping costs and rising wages had all added to some rise in input costs.
 
The report found prices continued to be low for various farm products, with several districts including St. Louis, Minneapolis and Kansas City voicing concerns about what recent flooding might do to crop production this year.
 
The beige book conclusions will form the basis for discussion when central bank officials meet on April 30-May 1 to discuss interest rates. The Fed said that reports from the Fed's 12 districts were mixed on consumer spending and yet mentioned that home sales were stronger.
 
The Fed said the outlook had developed for manufacturing 'although contacts in many districts noted trade-related uncertainty.' Most districts said that home sales were stronger although some districts reported lower demand for higher-priced homes.
 
With jobless near a 50-year low, the report said that there have been shortages of skilled workers in manufacturing and construction as well as some technical and professional positions.
 
Many districts reported that firms were offering perks such as for example bonuses and expanded benefit packages in an effort to attract and retain well-qualified workers.
 
The central bank boosted its policy rate four times in 2018 and in December indicated it expected two more rate hikes in 2019. Those rate increases motivated sharp attacks from President Donald Trump and contributed to a steep drop in the stock market the later part of last year.
 
Beginning in January, the Fed has done an about-face on policy and now says its plans maintain rates on hold for the entire year. Trump, however, has kept up his pressure saying the central bank needs should be cutting rates now. Some economists are predicting the Fed's next step could well be a rate cut later this year if the economy does not pickup.
 
This article is originally posted on tronserve.com
Main Office

Fictron Industrial Supplies Sdn Bhd
5-6, Jalan USJ 9/5Q, Subang Business Centre, 47620 UEP Subang Jaya, Selangor, Malaysia.

Tel:
Fax:

Email:
Website: http://www.fictron.biz
Website: https://fictron.newpages.com.my/
Website: http://fictron.n.my/
Website: http://fictron.newstore.my/

Other Office

Selangor Office
36, Jalan Puteri 5/12, Bandar Puteri, 47100 Puchong, Selangor, Malaysia.

Penang Office
44A Jalan Besi, 11600 Green Lane, Penang, Malaysia.

Tel:
Fax:

1
Hello! Thanks for visiting my site. Please press Start button to Contact with Admin :)

Start

Browse by : Home - Classifieds - Companies - Location - Tags - Products - News & Promotion - Job Vacancy - Mobile Website - Google - SEO Results

All Shop List from NEWSTORE in Malaysia

  • FR 373
  • CN 351
  • US 206
  • MY 150
  • RU 35
  • SG 14
  • DE 5
  • PH 4
People Online
Brochure
Download
Our PackageContact Us