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Since mid -February, American economic activities have continued to expand at a mild speed, and the growth of consumer expenditure in the retail and non -financial services field has accelerated. Essence Car sales continue to be restricted by low inventory. Although the demand for real estate such as residential housing continues to be strong, it also faces supply restrictions.

The Russian conflict has exacerbated the contradictions of the US economy, especially the worst inflation in the United States for more than 40 years. The cost of raw materials, transportation and labor has risen sharply, and the prices of energy, financial services and agricultural products have soared. Due to the strong consumer demand, companies continue to pass the rapidly rising investment cost to customers or consumers. In the next few months, the US economy will continue to face inflation pressure.

The Federal Reserve Chairman Powell discussed in a group discussion on the International Monetary Fund's group of global economy that it was appropriate to accelerate the pace of interest rate hikes. He said that at the coming May interest rate conference, 50 basis points raised interest rates will be discussed at the main conference. This means that after the inflation data is hit, the Fed will face this issue with a more serious attitude.

As the market's expectations of the Fed in the future have been formed, the US dollar exchange rate has also been on the raising orbit. Although the appreciation of the US dollar is conducive to the capital to stay in the US market, it has maintained the US commodity trade deficit in high levels and dragged down GDP growth.

A few days ago, the International Monetary Fund issued a new issue of the World Economic Outlook Report. It is expected that the US economy increased by 3.7%in 2022, lower than the previous 4%forecast value.