What is the appropriate balance between time-varying and structural interventions? 3. What is the most appropriate approach to international co-ordination in this area? 4. How to consider the appropriate balance between costs and benefits of additional resilience in the market-based sector?
The soft tone of global activity is yet another headwind for the U.S. economy. Looking ahead, economic projections of Federal Open Market Committee (FOMC) participants prepared for the Committee’s September meeting called for the economic recovery to proceed at a moderate pace in coming quarters, with the unemployment rate declining only gradually.