The International Monetary Fund sees strains in the American economy



The International Monetary Fund (IMF) said on Thursday that the American economy was showing signs of stress after a series of gloomy job reports and uncertainty about customs tariff revenues.

“What we have seen over the past few years is that the American economy has proven to be very flexible. We now see that some of the strains have begun to appear,” said the International Monetary Fund spokeswoman.

“The local demand was moderate in the United States, and the growth of jobs slowed down.”

Cosak said that the country was on the right track to reduce inflation rates to 2 percent, but it noted that the volatile trade rates may affect the expected number.

During the summer, Pierre Olivier Gurinchas, Economic Adviser and Director of Research at the International Monetary Fund, described commercial conditions as “uneven”, highlighting the possibility of disturbances in negative offer.

“Without comprehensive agreements, the uncertainty in continuous trade can affect investment and activity in an increasing manner,” Gurinchas said during the update of global economic expectations in July.

“Moreover, although the front export load has supported global activity so far, companies may be at risk if the demand for stored goods has not been fulfilled,” he added.

The Trump administration is currently awaiting approval of foreign tax rates after the federal judge decided that the definitions specified under the Economic Authority Law in the international emergency are illegal.

The president works to appeal the decision in arguments before the Supreme Court.

While President Trump is awaiting an answer to foreign policy restrictions, his administration raised concerns about inaccurate data from the Bls Statistics Office (BLS), which suggested weakening the economic view of the United States

The US economy added 911,000 jobs less over the 12 months ended in March compared to BLS at the beginning, according to the newly released data.

In response to the contradiction, the Ministry of Labor’s Internal Control Authority says it begins a review of how to collect BLS for economic data.

On Thursday, Kozak pointed out that errors have been reduced to improve the United States’ financial position between the world.

“This type of data transparency enhances the credibility of economic management in all countries,” she said.

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