Testimony of Fed Chairman Alan Greenspan, 27 Feb

- Central Banking staff
- 27 Feb 2002

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TESTIMONY - In his testimony before Congress Greenspan said the U.S. economic rebound this year is likely to be slightly weaker than Wall Street expects because the recovery may be restrained by a lack of consumer demand, industrial overcapacity and skittish U.S. financial markets.

Federal Reserve Board's semiannual monetary policy report to the Congress before the Committee on Financial Services, U.S. House of Representatives, 27 February.

Since July, when I last reported to you on the conduct of

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