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English to English translations [PRO] Bus/Financial
English term or phrase:the latest (in this context)
Fueled by a series of tax cuts for households and businesses, the latest to pump in $150 billion to the 2004 economy, the lowest interest rates and most liquid financial system in four or five years, and now, most recently, a revival in the business sector, U.S. economic growth is likely on a 3-1/2% to 5% growth path that will last for a couple of years. This is, and will, directly and indirectly, propel the global economy into a 3% to 4% range of growth in 2004, the best year in the last five.
Dear English Colleagues, I am to translate the above text into Italian and I need your help with this sentence. What does "the latest" refer to?