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Politics : Idea Of The Day

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To: thebeach who wrote (19972)9/4/1998 7:54:00 PM
From: Narotham Reddy   of 50167
 
Greenspan talks

Greenspan: U.S. not an 'oasis'
Federal Reserve Chairman Alan Greenspan
said Friday the U.S. economy could not
escape the effects of international market
turmoil and that central bank policymakers
were keeping a close watch on
developments. He also said it is not
credible to believe the United States can
remain an oasis of prosperity unaffected
by a world that is experiencing greatly
increased stress
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