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To: Joseph G. who wrote (16726)10/9/1998 10:17:00 AM
From: Link Lady  Read Replies (1) | Respond to of 18056
 
Federal Reserve Chairman Alan Greenspan painted a gloomy
picture of the world economy Wednesday, warning that the U.S.
would not remain immune to slower growth. Investors took that as
a hint that the Fed is ready to cut U.S. official interest rates
further to keep the world's biggest economy growing. In the past
month, four members of the Group of Seven major industrialized
nations cut their benchmark rates.

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