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SIGNIFICANT CHANGES INTHE CONSENSUS

机译:共识发生重大变化

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2008 GDP Growth forecasts for the five economies surveyed (below) have all worsened this month on the back of financial market volatility and slowing growth fundamentals. Indeed, the US GDP outlook has weakened so dramatically that the Fed cut interest rates by a cumulative 125 basis points at the end of January. Heavy stock market losses, coupled with data showing the housing recession spreading to other parts of the economy, prompted the FOMC's decision. Central banks across the G-7 have noted the Fed's aggressive policy stance but are so far holding back from rate moves of similar magnitude.
机译:在金融市场动荡和增长基本面放缓的背景下,接受调查的五个经济体(如下)的2008年GDP增​​长预期在本月均下降。实际上,美国的GDP前景已经大大减弱,以至于美联储在1月底累计降息了125个基点。巨大的股市损失,再加上数据显示住房衰退蔓延到经济的其他部分,促使FOMC做出决定。七国集团(G-7)的中央银行已经注意到美联储的激进政策立场,但到目前为止仍未阻止类似幅度的利率变动。

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