Speech by Roger Ferguson, Federal Reserve, 27 Feb

- Central Banking staff
- 28 Feb 2002

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SPEECH - In the speech titled 'A Review of Economic Developments in 2001 and the Economic Outlook' Ferguson said "signs of economic recovery are increasing" and added that U.S. consumer spending had helped the economy to stabilize, noting that low mortgage rates and good weather had kept housing activity robust and that retail sales outside of automobiles had been very strong in December and January.

Remarks by Federal Reserve, Vice Chairman, Roger Ferguson at the Canton Forum Speaker Series

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