Wednesday, April 23, 2003

ABCNEWS: Fed Says Economy Remains 'Lackluster'



AP -- The central bank's latest nationwide survey of business conditions depicted an economy still struggling to emerge from a pronounced slowdown that began late last year.

Analysts say if the economy shows no further pick-up by that time, there is a strong likelihood that the central bank will trim interest rates again.


Interest rates are so low that cutting them has only minimal effects.

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