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This month, A.I.G. reported its first quarterly profit since 2007, though Mr. Liddy warned that the insurance businesses "remain challenged".

But economists seem to be in broad agreement that no matter the magnitude of the Fed's actions this week, the economy will remain challenged for some time.

"Based on recent sales trends, our results for the remainder of the year are expected to remain challenged," Don Thompson, the chief executive, said in a statement.

They spoke of weakness in retail, telecom and finance and said "advertising continued to remain challenged through October as a result of general market softness".

Mr. Liddy said the company's insurance businesses "remain challenged" because of "weak economic conditions and the lingering effect of negative A.I.G. events earlier in the year," a reference to the public outrage last March, when the company paid bonuses after reporting the biggest losses in corporate history.

We expect the business to remain challenged by depressed conditions in some of its key commodity divisions and the South African mining industry to remain a tough working environment, meaning many will favour the other lower risk, higher margin major miners.

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Similar(47)

Policy implementation will remain challenging.

But he said 2002 would remain challenging.

"The outlook for the year will remain challenging.

Chief executive Mike Coupe said: "Market conditions remain challenging.

In such IOSC devices, however, ZnO nanostructures still remain challenging.

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