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Article: Statement by J. Alfred Broaddus, Jr., President, Federal Reserve Bank of Richmond, before the Committee on Banking, Housing, and Urban Affairs, U.S. Senate, March 10, 1993. (Statements to the Congress) (Transcript)
- Article from:
- Federal Reserve Bulletin
- Article date:
- May 1, 1993
CopyrightCOPYRIGHT 1993 Board of Governors of the Federal Reserve System. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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I am pleased to be here today to discuss economic activity in the Fifth Federal Reserve District--the region served by the Federal Reserve Bank of Richmond--and to describe my views on monetary policy. I will begin with some background information on the District economy. Subsequently, I will review some recent regional economic trends, summarize current economic conditions in the District, and conclude with a brief statement of my basic views on monetary policy.
OVERVIEW OF THE DISTRICT ECONOMY
The Fifth District includes Maryland, the District of Columbia, Virginia, North Carolina, South Carolina, and all but the northwestern spur of West Virginia. ...
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