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To: James Strauss who wrote (4244)5/16/1999 11:58:00 PM
From: wily  Read Replies (1) | Respond to of 13094
 
Rubin bullish overall on U.S. growth

Last Update: 6:08 PM ET May 16, 1999 Econ Preview

WASHINGTON (AP) -- Departing Treasury Secretary Robert Rubin on Sunday said a Republican push for a major tax cut could sidetrack the nation from what he predicted would be sustained economic growth and low inflation.

Rubin, who will step down in July, said the budget surplus gives the nation a "historic opportunity" to ensure the long-term U.S. economic health

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CPI blip

Rubin said he was unfazed by a jump in the consumer price index that caused a dip in the stock market Friday. The most likely scenario for the future, he said, remains one of solid growth and low inflation.



Full article:

cbs.marketwatch.com