2 March 2001, 11:23 Atlanta Federal Reserve Bank President Jack Guynn told
Atlanta Federal Reserve Bank President Jack Guynn told the
"Nightly Business Report" Thursday evening that the most likely path for
the economy "is a resumption of moderate growth by the end of the year."
Guynn, not an FOMC voter this year, said, "I'm not worried about the
economy." He said that although there is a "very plausible case with a
whole combination of things that don't turn in our favor, that one could
get a less favorable outcome." Nevertheless, he said, "I stick by my
assertion that the most likely path for the economy is a resumption of
moderate growth by the end of the year."
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