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To: Mark Peterson CPA who wrote (108560)3/9/1999 12:27:00 PM
From: Mohan Marette  Respond to of 176387
 
Greenspan on U.S Economy----->Sees vigorous growth,no inflation pressures.

Mark:
Guess that means no rate hike on the 30th I suppose,pheeeew.
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Greenspan sees no U.S. inflation pressures

WASHINGTON, March 9 (Reuters) - Federal Reserve Chairman Alan Greenspan said on Tuesday the U.S. economy was continuing to expand in exemplary fashion with no sign of inflation.

''Growth of output has remained vigorous, unemployment is lower than it has been in nearly 30 years, and yet, despite the tautness in labor markets, there have been no obvious signs of emerging inflation pressures,'' Greenspan said in remarks prepared for delivery to a conference sponsored by the Fed.