Interview with Chicago Fed chief Michael Moskow

The U.S. economy is poised to pick up speed in the second half of the year and into 2004, Federal Reserve Bank of Chicago President Michael Moskow said late Friday. Moskow says the threat of deflation is 'very remote, very unlikely'.

First published by USA Today, 25 July.

In an interview with USA TODAY's Barbara Hagenbaugh, Federal Reserve Bank of Chicago president Michael Moskow warned that skittish CEOs pose a risk to that optimistic outlook.

His comments come a little more than two weeks before

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