Greenspan Says Rebound Has Begun
But Growth Rate Will Trail Those of Previous Recoveries,
Fed Chairman Warns
By John M. Berry
Washington Post Staff Writer
Federal Reserve Chairman Alan Greenspan said yesterday that he
believes an economic recovery "is just getting underway,"
but he cautioned that it is likely to be more moderate than the
rebounds that have followed most other U.S. recessions.
"Despite the disruptions engendered by
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