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Robert Kaplan, president of Federal Reserve Bank of Dallas, also said on Thursday that he wanted to see more evidence to confirm that recent weakness of inflation is "indeed transitory".net
WASHINGTON, July 13 (Xinhua) -- Most economists expect the U.
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PHNOM PENH, July 3 (Xinhua) -- Cambodia's economy is expected to grow by 7 percent this year JK Scott Womens Jersey , the same level it achieved last year, driven by construction, real estate and garment exports, Sonali Jain-Chandra, deputy division chief of the International Monetary Fund (IMF)'s Asia and Pacific Department, said here Friday.
Speaking at a press conference after the conclusion of her 12- day consultation mission to Cambodia, Sonali said inflation in Cambodia is expected to rise moderately to 2.6 percent by end-2015 after declining in early 2015 due to the sharp oil price drop.
"The macroeconomic situation and outlook are thus favorable Josh Jackson Womens Jersey , although there are downside risks. A protracted growth slowdown in Europe or a stronger U.S. dollar would constrain garment exports," she said, adding that weaker-than-expected growth in China would have spillovers through the foreign direct investment, banking, and tourism channels.
On the domestic downside risks, she said, rapid credit growth Jaire Alexander Womens Jersey , particularly to the buoyant construction and real estate sectors, intensified financial stability risks.
Cambodian Prime Minister Hun Sen said in a public speech on Sunday that the country will maintain the growth of 7 percent this year, as the yearly inflation is expected to stay at 3.5 percent.
The country's gross domestic product is expected to rise to 1, 220 U.S. dollars in 2015, up from 1,123 U.S. dollars in 2014, he added.
MONROVIA Ha Ha Clinton-Dix Womens Jersey , April 11 (Xinhua) -- The Liberian government is seeking explanation from the Turkish government about the recent shooting in Turkey of four Liberian nationals.
The four Liberians were reportedly shot by unknown gunmen at a coffee shop in Istanbul on April 4.
A statement issued by the West African country's foreign ministry in Monrovia, the nation's capital on Friday, said the Liberian government, which has no formal diplomatic ties with Turkey, has sent a diplomatic note to the Turkish Embassy in Ghana seeking explanation into the shooting.
The statement said information received from its diplomatic representative