Fed's Poole - Long-run prospects remain bright

US - The prospects for the U.S. economy remain bright despite last week's terrorist attacks, according the president of the Federal Reserve Bank of St. Louis.

From prepared remarks to the Risk Management Association here, William Poole said Thursday 20 September he does not believe any economist can predict with great confidence the short-run outlook for the economy. Nor does he know how long any effects from the events of 11 Sept will last.

"I want to share with you my conviction that our long

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