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Odessa American in Odessa, Texas

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Articles on This Page

This newspaper page contains 2 articles. Subscribers can read the full text of each article.

Newspaper

Odessa American

Location

Odessa, Texas, United States of America

Date

Jan 05, 2004

Page

3

Bush Faces Election Year Challenges Amid Terror Alert and Economy

President Bush begins a 10 month countdown to Election Day with Democrats challenging his job performance. The economy gains traction while job growth lags. Saddam Hussein removed from a dirt hole. Osama bin Laden remains at large. Medicare reform passes as debate on drug benefits unfolds. Mad cow disease sparks public fear and beef bans overseas. Bush enjoys high consumer confidence but faces code orange alert and a tough sell on Iraq and terrorism.

Mica Uean Saddam Hussein Bush Oval Office U.S Saddam Iraq Osama bin Laden Congress United States America

Fed signals rates to stay low amid tame inflation and job gains

In San Diego Bernanke said the Fed can keep the federal funds rate near 1 percent for now as inflation remains subdued and the labor market heels. He noted the 2003 recovery turning a corner and optimism for stronger growth and lower unemployment in 2004.

Washington Federal Reserve Fed Federal Funds Ben Bernanke Board of Governors San Diego Bernan Bernanke

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