Broaddus sees recovery continuing in 2003

Richmond Federal Reserve President Alfred Broaddus on Thursday said he saw the U.S. recovery rolling ahead this year, while cautioning that risks still lurked, such as a long war with Iraq and the seven-week-old Venezuelan workers' strike.

"I think the recovery will continue," Broaddus told the Charlotte Economics Club. "And while there obviously are still downside risks in the outlook, for the first time in a while, I think the chances that actual growth will exceed the consensus forecast som

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