American dimension loan causes financial crisis, enlarge to the field of credit card.

2008-02-05

Report recentlyIt will soon be melted openly that the American financial crisis that loan crisis causes has enlarged the huge loss that promise breaking causes to the credit card and field of credit card, so, make the American economy that does not walk out of loan crisis suffer new round of strike.

ReportThe 70% of American economy. American average each household family possesses 5 above credit cards. Now, the debt of credit card has amounted to to reach 915 billion dollars. Besides, automobile and other consumer credits have the mortgage loan scale of the private nature and 100 million dollars of 15 thousand that has the 100 million dollars of 100 thousand.

銆€銆€Have shown because of the risk of the. American bank says , credit card borrowsIt will take it to put the 20%.

Tom Sen financial company thinks , it is increased that the unceasing enlargement of unemployment number will make the condition of being unable to repay the debt of credit card obvious. When economy is faced with decline and the price of real estate to accelerate is declining during, this problem will worsen further. ( Xinhua News Agency news)

It is lowered

The newest American economic data expressionReflecting federal fund interest rate expected short period interest rate futures hint makes America to unite to store up the meeting of March 18 go up lower interest again the possibility of 50 basic points is near 70%, the about 68% when is close to

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Non farming

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The newest data announced lets one be hard to deal with simply: First geting focus attention January non farming employment report, it is weak that result makes one shocked and tired, have not not only reduced the persons of 17 thousand on the contrary as the increase estimated in advance. But afterwards, make the supply management of stove to learn ( ISM) January manufacturing index is unexpected and strong, make the National People's Congress fall again glasses.

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The newest employment data that American Ministry of Labor announces shows that in January 2008, non farming employment population are the persons of 138.1 million , reduce the persons of 17 thousand than last month. It is the first time that arise decrease since August 2003 , and expect to increase the persons of 75 thousand. Employment number reduce major existence in construction business and manufacturing, the employment number of sanitary health-care profession has increase. After seasonal adjustment, average each hour of wages increase 4 cents or 0.2%s to / hour of 17.75 dollars.

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American the president Bush last Friday is talking and employment number 4 years come to drop for the first time expression, some signs that make one uneasy picture is American economy is puting to postpone. Government must adopt action for this.

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Though, employment data is tired and weak , but manufacturing comes back to life. The newest data that American supply management institute( ISM) announce shows that in January, manufacturing index rises unexpectedly to 50.7 , is higher than the 48.4 of December of last year and the 50 of November. This shows that in January, manufacturing campaign arises recovery. This index shows manufacturing situation for 50 to stabilize , is higher than 50 to explain that manufacturing is extended , explains below 50 that manufacturing withers. Before, the economist who accepts the investigation of Dow Jones of news agency foresees that in January, manufacturing index is 47.

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ISM points out in reporting that manufacturing index increases 2.3% to show that manufacturing gets power in January. This shows manufacturing when have passed near future after slow down already rebound, in the past, the average of the manufacturing index of 6 months is 50.2. The important influencing factor of manufacturing index - - production index January considerably rebound 6.6%, it is from 48.6 last liters to 55.2. Revise sheet recently also soar from the 46.9 of December to 49.5.

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Inflation

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America unites to store up succession lower interest to make inflation pressure further increase. American economic period research institute( ECRI) claims that American January inflation pressure goes up somewhat, the rising of commodity price and lower interest measure brings inflation pressure. But the measure in the aspect of loan has certain effect for alleviating inflation, having offseted partially to know to expand the pressure of rising. Future ECRI American inflation index( USFIG) rises in January to 117.9, in December, data is from 117.1 last liters to 117.4.

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In the report of ISM, also show that the inflation

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The year of interest

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The newest American economic data announced lets one be hard to deal with simply , is influenced by it, before reflect that it is rear that the futures of short period of interest rate of the federal fund expectation of interest rate go through one to big rise and fall again announce after returning to data starting point. Up to last Friday closing, the futures hint of short period of interest rate the meeting of March 18 goes up lower interest again the possibility of 50 basic points is near 70%, in plate, highest Zeng Sheng is more than 90%.

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But unite well in America to store up distance next time policy meeting still has 6 weeks, America unites to store up , still have time to carry out observation , this can make policymaker relax. American federal standard interest rate is now 3%, the option market of interest rate reflection makes interest rate may fall in year to 2%2.25%.