Word: look
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Dates: during 2000-2000
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...that gets blamed if those six tightenings ending last spring put the boom into convulsions, but the Fed chairman figures that a slowdown would be much easier to bear - and modulate - than, say, stagflation, and that he can always slash short-term rates in January and beyond if things look dire...
...markets, for whom things look plenty dire right now, are expecting just that, and have already begun the process of pricing in a quarter-point cut. That'll help share prices in January, which could help raise consumer spirits and eventually get businesses borrowing and growing again. But the effects of rate cuts - and any tax cut Bush can slide through - will be strictly psychological for the better part of a year...
...been fast and, so far, deft: Three women. Two blacks. One Hispanic. Five white guys. George W. Bush is about half done with his Cabinet and if you look past the names, the range and the diversity, the gist so far is pragmatic and pro-business - with plenty of hands-on Washington experience...
...former Indiana Senator Dan Coats didn't wow Bush in a meeting last week; Reagan-era Pentagon aide Paul Wolfowitz is regarded more as policy expert than top-down manager. The Pentagon has proved to be tough to fill as well because it stands to reason that Bush will look first to vice- president Dick Cheney and Powell for advice on military matters...
Bush is a little vague on a lot of things. Yes, we are looking at a steep learning curve. The worst moment of the 36-day Long Count was probably when Bush, attempting to "look presidential," held a mock Cabinet meeting, in the course of which he observed in an appallingly chipper manner, "There are issues in Israel right now that I'm looking forward to hearing about...