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This is the VOA Special English Economics Report. In the last few years, many Americans have bought houses with ARMs: adjustable-rate A foreclosed home in Pasadena, California. mortgages. These loans usually begin with lower interest rates for the f

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This is the VOA Special English Economics Report. A listener from Indonesia named Efendy asks why the Federal Reserve is so important and how it works. This week offered a good example. The Federal Reserve System is the United States central bank. I

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Let's go to finance now. And well, mortgage holders are welcoming yesterday's interest rate cut. It is unlikely to do much to improve business confidence. Economist Salon Lobster says all the data shows the economy is soft and he reckons the governme

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发表于:2019-02-06 / 阅读(143) / 评论(0)

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Todays economic growth figures are expected to show growth is slowing. Most forecasts are expecting annual growth in the December quarter to have slowed from 2.7% to 2.5% which is the low trend. Experts say its due to falling mining investment and we

发表于:2019-02-14 / 阅读(121) / 评论(0)

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