Moskow expects US to hit growth potential in 2003

Michael Moskow has followed up Robert McTeer's comments we reported yesterday, saying the central bank's accommodative monetary policy will help US economic growth recover to full speed by next year. He is just the latest in a line of Federal Reserve officials backing up the recent decision to cut interest rates.

According to Federal Reserve Bank of Chicago President Michael Moskow, the long-term prospects remain bright although the US economy is in a "soft patch" now.

"The low inflation enviro

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