Hildebrandt, Antje; Schneider, Martin; Silgoner, Maria … - In: Monetary Policy & the Economy (2005) 3, pp. 6-21
The U.S. economy continued to expand in the first half of 2005 despite the strong impact of a further rise in oil prices. However, according to OECD estimates, Hurricane Katrina will dampen economic growth by 0.5 percentage point to 3.1% for the whole year 2005. The Japanese economy remained on...