Transcripts of the monetary policymaking body of the Federal Reserve from 2002–2008.

Since we are bringing these suggestions out early, one thing that you could do in section 2, the second sentence, is simply make an assertion about moderate growth. One could say, “Overall, however, recent indicators suggest that the economy seems likely to expand . . .,” suggesting that the news recently has been somewhat more positive. That is just a thought. Let’s go to President Stern.

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