2. 职称英语
  3. America’s economic recovery remains uncomfortably weak. The latest data sho

America’s economic recovery remains uncomfortably weak. The latest data sho

游客2023-09-08  32
问题      America’s economic recovery remains uncomfortably weak. The latest data show industrial production falling while the trade deficit soars to record levels. To round off a dismal week for economic statistics, the Fed announced that industrial production fell by 0.2 percent in December compared with the previous month. That came as a disappointment to economists who had been expecting a small rise. Monthly data are always unreliable, of course; there is always a plausible explanation for unexpectedly bad (or good) news. But nearly all recent economic statistics point to the same conclusion--that American’s recovery remains sluggish (缓慢的) and erratic (不稳定的). It could put pressure on the Fed to consider cutting interest rates again when its policy making committee meets at the end of the month.
     The biggest obstacle to healthier economic performance, though, is political. As the Fed’s chairman, Alan Greenspan, acknowledged in the closing months of 2002, uncertain about the future is holding both investors and consumers back. The shadowy threat of international terrorism and the much more explicit prospect of a war with Iraq have made many Americans nervous about the future. For businesses still reeling from the speed at which the late 1990s boom turned to slump, the political climate is one more reason to put off investing in new plant and equipment or hiring new staff. For consumers, for so long the mainstay of the American economy, the thrill of the shopping mall seems, finally, to be on the wane.
     It is hard to put a favorable interpretation on most of the data. But it is important to keep a sense of perspective. Some recent figures look disappointing partly because they fall short of over optimistic forecasts--a persistent weakness of those paid to predict the economic future, no matter how often they are proved wrong. The Fed will be watching carefully for further signs of weakness during the rest of the month. Mr. Greenspan is an eager, even obsessive, consumer of economic data. He has made it clear that the Fed stands ready to reduce interest rates again if it judges it necessary--even after 12 cuts in the past two years. At its last meeting, though, when ii kept rates on hold, the Fed signaled that it did not expect to need to reduce rates any further.
    Monetary policy still offers the best short-term policy response to weak economic activity, and with inflation low the Fed still has scope for further relaxation. President Bush’s much-vaunted (过度吹嘘的) fiscal stimulus is unlikely to provide appropriate help, and certainly not in a timely way.  [br] What is the writer’s attitude toward some recent figures mentioned in paragraph 3?
选项 A、Optimistic.
B、Skeptical.
C、Worrisome.
D、Critical.
答案 D
解析 态度题。第三段第一句即指出It is hard to put a favorable interpretation on most of the data，说明作者对这些数据的态度是unfavorable，即D项critical“批判的”。
转载请注明原文地址:https://tihaiku.com/zcyy/2996717.html
相关试题推荐
随机试题
最新回复(0)