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Technology Stocks : Dell Technologies Inc.
DELL 133.180.0%12:59 PM EST

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To: Lee who wrote (137347)7/22/1999 2:07:00 PM
From: Mohan Marette  Read Replies (3) of 176387
 
Greenspan-productivity growth dampens inflation

Lee:
I don't know, for the life of me,what the hell the pundits are seeing in Greenspan's speech to spook the market,do you? Oh I forgot,easy money.<g>
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WASHINGTON, July 22 (Reuters) - Federal Reserve Chairman Alan Greenspan said on Thursday that productivity gains enjoyed by the U.S. economy had helped to keep inflationary pressures under control.

''It is the acceleration in productivity which has had such an extraordinary effect on our economy,'' Greenspan said in testimony to the House of Representatives Banking Committee.

biz.yahoo.com

(Note: this article is ''in progress''; there will likely be an update soon.)

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