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To: Boplicity who wrote (26475)8/5/1999 11:50:00 AM
From: MulhollandDrive  Respond to of 93625
 
Greg,

I think the productivity number is bogus to begin with, but the FED uses it to gauge whether earnings increases are offset by "productivity". If it looks like all the productivity gains are wrung out, then I'm worried about a series of rate hikes.

Chicken girl