Speech by Michael Moskow, President, Chicago Fed

SPEECH - In the speech titled 'Economic Trends 2002' Moskow said that he did not see a near-term threat to the U.S. economy from deflation, although prices for some goods have been declining. "I don't see deflation as a threat to our economy on the near-term horizon," he added.

Speech by Michael H. Moskow, President and CEO, Federal Reserve Bank of Chicago at the Independent Business Association of Wisconsin, Economic Forecast Breakfast, Milwaukee Marriott West, Waukesha, 18 January.

Economic

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