US economy is slowing more than the Fed has recognised (Gavyn Davies FT Blog, 24.08.10)

"I am becoming increasingly concerned about the extent of the slowdown which is now underway in the US economy, a trend which has not yet been fully recognised by the Federal Reserve."


- sanguine : optimiste
- upswing : amélioration, reprise > an upswing of the market
- Quantitative easing
- a straw in the wind : une indication des choses à venir / indicateur
- ominously : dangeureusement
- claims for unemployment benefit : nombre de demandeurs d'emplois
- ISM (Institue for Supply Management)
- double dip recession
- to shed : perdre, se débarasser de, licencier > job shedding : suppression d'emplois

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