USD – bude 2008 záchranou pred kolapsom?

Most important events, which the economic situation has in store for 2008, can be outlined already now. The prerequisites of the majority of biggest economic events in the New Year 2008 were formed during 2007.

The mortgage crisis and the danger of recession in the U.S. will most likely become one of the major global factors to determine the development of the world economy. It means that the year 2008 will see the further reduction of interest rates in world’s leading countries. At present moment, the majority of financial market members unanimously believe that the Federal Reserve System will reduce the interest rate to 3.0-3.5 percent during 2008 (it was reduced from 5.25 to 4.25 percent in 2007).

The reduction of the interest rate in the USA will give more freedom to the European Central Bank and other central banks. The situation may play to the benefit of the U.S. dollar which may start growing against basic currencies.

The growing prices on food, which could be seen worldwide in 2007, will be the third most important factor of the world economy in 2008. The ongoing rise in the living standard and well-being in such countries as India and China will not leave any chances for the world market of food to stabilize.

Zdroj: www.pravda.ru

10.01.2008