July 21, 2009
Results of the 21 July 2009 Term PRA Transaction for Private Sector Instruments
The results of today's term PRA operations.
The results of the summer survey indicate that businesses foresee an improvement in the economic outlook. In particular, the balances of opinion on both future sales and employment have turned positive. Nevertheless, firms expect their activity to recover only gradually, and they continue to be cautious regarding investment.