Harvey Rosenblum
Harvey Rosenblum
attacks both depth economy mild pushed recession september
The September 11 attacks pushed the U.S. economy into a recession that will be mild both in depth and duration.
economy federal financial reserve whatever whenever
The Federal Reserve has been going through a tightening cycle. Whenever the Fed tightens, whatever financial fragilities there are in the economy are going to get exacerbated.
admire job tough
You had to admire him. He had a very tough job to do.
easing economy enable fiscal growth inflation interest lower monetary policy positive quickly rapid rates return time usual
The rapid easing of monetary and fiscal policy this time around should enable the economy to return to positive growth more quickly than usual and with lower interest rates and inflation than during the 1990s expansion.