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Economy Faces Prolonged Slowdown Says Fed Member
Federal Reserve board member Laurence Meyer warned the economy will likely remain sluggish into the third quarter despite five rate cuts. He noted no strong signs of revival and cautioned against expecting a boom, while economists weigh another half-point cut at the upcoming June meeting.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve Board
Laurence Meyer
Fed
Meyer
New York
Federal Reserve
Alan Greenspan
Greenspan