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Re: Conference on Saving and Investment



I suspect Yellin and Blinder believe in NAIRU and think it's around 5.5%.
But I wouldn't bet on it. I would bet, however, that they won't vote to
depart significantly from present Fed policies.

Doug

Doug Henwood [dhenwood@xxxxxxxxx]
Left Business Observer
212-874-4020 (voice)
212-874-3137 (fax)




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