The economy has the potential to expand more rapidly than expected if political uncertainties dissipate quickly, hinted Fed chairman Alan Greenspan. (Economy).(Brief Article)

Purchasing, March, 2003

> The economy has the potential to expand more rapidly than expected if political uncertainties dissipate quickly, hinted Fed chairman Alan Greenspan in his latest monetary report to Congress. Key quote: "If these uncertainties diminish considerably in the near term, we should be able to tell far better whether we are dealing with a business sec-tor and an economy poised to grow more rapidly--our probable expectation--or one that is still laboring under persisting strains of imbalances that have been misidentified as transitory."