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24 August 2001 10:51 NABE Sees Fed Rates "Just Right"
According to the U.S. National Association of Business Economics, the biggest possible problems facing the US economy are overcapacity and excessive debt, survey participants said. Of those surveyed, 67% say Federal Reserve monetary policy is "just right" and only 10% expect the Fed funds rate to fall more than
50 BPS in the next 6 months.
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