United States: 2005 Article IV Consultation-Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion
July 29, 2005
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The 2005 Article IV Consultation for the United States reports that robust productivity growth and high corporate profits have contributed to a strong rebound in business investment and some acceleration in employment. The financial sector appears well positioned to provide continued support to the recovery. Equity prices have risen, long-term interest rates remain low, banks are well capitalized and highly profitable, and indicators of credit quality remain strong. The robust housing market has caused financial regulators to tighten oversight of home equity and other residential loans.
Subject: Administration in revenue administration, Balance of payments, Budget planning and preparation, Current account deficits, Financial institutions, Health, Health care, Inflation, Prices, Revenue administration, Securities
Keywords: Administration in revenue administration, Central America, core producer price inflation, CR, Current account deficits, deficit, financial market development, Global, Health care, Inflation, inflation expectation, inflation pressure, ISCR, market, market expectation, price, Securities
Pages:
55
Volume:
2005
DOI:
Issue:
257
Series:
Country Report No. 2005/257
Stock No:
1USAEA2005001
ISBN:
9781451839630
ISSN:
1934-7685
