United States inflationary pressures market economy sliding

According to figures released by Wednesday, the United States in January consumer price index (CPI) rose steadily, and that inflationary pressures continued Besides the United States Department of Commerce announced in January building permits dropped 3 percent to 16-year low, housing starts increased only slightly; because mortgage rates suddenly last week, the number of applications for mortgages to the United States sharply reduced demand for loans hit its lowest point this year.

At the same time the Federal Reserve has been the benchmark federal funds rate from mid-September last year, 5.25% to 3% in order to help the economy overcome the property market downturn and the credit crunch, and other difficulties. The economic slowdown, the high level of inflation, the housing market downturn, the credit crunch, this series of chain reactions will be further suppressed the economy, the possibility of particularly disturbing.