Kansas Fed's Hoenig optimistic on 2004 growth

Kansas Fed President Thomas Hoenig said on Thursday 8 January that he expects robust and sustainable growth for the new year which should help improve employment levels.

"I suspect we will look back on 2004 as the year economic activity became more self-sustaining," Hoenig said in remarks to the Topeka Rotary Club, in Topeka, Kan.

The strength that became evident in the U.S. economy during the closing months of 2003 "will continue and the real (gross domestic product) will grow between 4

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