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S&p Upgrades Outlook For Us Economy To 'stable'

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Ratings agency said strengthening US economy contributed to decision to reverse 2011 unprecedented negative downgrade and has upgraded its outlook for the US economy to stable from negative, two years after its controversial downgrade caused a political and economic firestorm. Strengthening US economy and the dollar's status as the world's "key reserve currency" contributed to its decision to reverse 2011's unprecedented downgrade.

"We believe that the US monetary authorities have both the strong ability and willingness to support sustainable economic growth and to attenuate major economic or financial shocks," the agency said in its report. S&P praised the Federal Reserve's "timely and effective actions to lessen the impact of major shocks since the Great Recession". Link

Do they know something we don't know? Like, interest rates is going to rise?

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  • 239 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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