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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Dealer who wrote (58738)7/19/2003 2:04:08 AM
From: Sully-  Respond to of 65232
 
....Richmond Federal Reserve Bank President Alfred
Broaddus, in an interview with Dow Jones Newswires,
expressed disappointment that the U.S. economy hasn't
exhibited more vigor since the end of the Iraq (news - web
sites) war. He said a more accommodative monetary policy
will be needed if inflation falls further.

"We still don't have a critical mass of hard evidence that
the economy is accelerating," Mr. Broaddus said.....