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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: patron_anejo_por_favor who wrote (102409)5/15/2001 11:04:52 PM
From: H.Jablomey  Read Replies (2) of 436258
 
The Fed’s statement indicates that the Fed sees continued strong growth in productivity: "Although measured
productivity growth stalled in the first quarter, the impressive underlying rate of increase that developed in recent years
appears to be largely intact, supporting longer-term prospects."

Translation:

The Fed’s statement indicates that the Fed continues to ignore reality: "Although measured
productivity growth stalled in the first quarter, we continue to close our eyes, click our heels three times, and chant 'there's no place like home...there's no place like home...'."
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