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27.01.2014

World Bank; Accelerating Economic Growth in the United States. Commented.

America and other rich countries for the first time after five years to recover from the effects of the economic recession begins to contribute more to global growth begins.
  
According to a new report published by the World Bank next year in government spending on economic growth in less downtime shares will be canceled . Andrew Burns, World Bank Global Macroeconomics Officer: " The growth in the American economy last year's 1.8 percent this year from 2.8 percent rate increase to anticipate that."Some key sectors of the economy including real estate too is affected by changes in interest rates. Low interest rates, and businesses of obtaining a mortgage loan to invest in new equipment is easy to grow.
  
Bank of America, so it is trying to stimulate the economy by lowering interest rates. This plan is part of the bank's bond purchases exist in billions of dollars every month. However, the Central Bank is preparing to reduce bond purchases.Because of the long-term bond purchases that could damage the economy as inflation led to a boom .Greg McBride, if the economy grows slower rise in interest rates would not be harmful , says: " Long -term interest rates will rise gradually in 2014, we estimate the short -term interest rates would not change 're around. "
 
Increased production of energy in America, the rise in interest rates may offset the impact. Oil industry experts, by the method of hydraulic fracturing of shale oil extracted from oil and gas production increased rapidly in the United States, he says.
  
According to the American Petroleum Institute President Jack Gerard , the increase in the supply of natural gas to reduce energy prices, this would work for U.S. producers: "More of obtaining full time employment and income. We can achieve this by increasing the production of energy."
 
The shale oil obtained by hydraulic break , is rapidly expanding oil production in the United States . The cost of crude oil imports are falling, so consumers can spend their money on other products and services.However, according to environmentalists , fossil fuels accelerates climate change , hydraulic fracturing method gives great harm to the environment.

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