Central bankers from around the world gathered at Jackson Hole, Wyoming and they said that although the US is going through economic tensions, but the Global recovery, which is still uneven, is set to come on track.

But, it has been reported by the Wall Street Journal that the unusual degree of pessimism in the US has made them even more vulnerable.

As per the news paper report, this year around 3% of growth is seen in New Zealand and this growth has been strengthened by the support of China and Australia.

"I can't wait to get back to my side of the world", said Reserve Bank of New Zealand Governor Alan Bollard.

The views of central bankers in the Jackson Hole meeting made it clear that how the world economy is suffering.

The local commentators in the meeting had suggested that if Dr. Bollard returns having an impression in his mind that world economy is slowing rapidly than the expectations, there would be less probability of having another increase in the official cash rate (OCR) in September.

The US central bank, the Federal Reserve, had organized the annual conference at Jackson Hole, where discussions, dinner-table conversation, tramping and presentations were held.