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wstera2

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wstera2

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Re: None

Wednesday, 08/07/2002 12:50:24 PM

Wednesday, August 07, 2002 12:50:24 PM

Post# of 704019
Reuters Business Report

Cheney Says Economy Set for Growth

SAN FRANCISCO (Reuters) - Vice President Dick Cheney said on Wednesday the U.S. economy was poised for sustained growth without inflation.

"We believe the economy is poised for sustained growth without inflation -- so long as we hold to the right policies," Cheney said in an advance copy of remarks delivered to the Commonwealth Club of California.

"Just as the president's tax cuts put a floor under the recession, Federal Reserve policy has been critical to our progress. Eleven consecutive cuts in interest rates have reduced deflationary pressures and helped stabilize prices," Cheney said.

http://biz.yahoo.com/rb/020807/economy_cheney_2.html

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