Word: quarters
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Dates: during 2000-2000
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...Greenspan, who hiked interest rates six times to head off wage pressures and inflation, do his job too well? The Commerce Department on Thursday revised third-quarter economic growth Thursday down to 2.2 percent, the lowest since 1996 and a far cry from Q2's 5.6 percent. And barring a Christmas retail-sales miracle this weekend, Q4 isn't looking much better. Consumer confidence is down. Auto sales are down. Everything is down, except unemployment...
...Finally, Bush pal Don Evans took his turn at the podium to accept his nomination as commerce secretary. A friend of the President-elect for nearly a quarter century, Evans is credited with reinvigorating Bush's religious faith during a difficult period in both men's lives. The oil executive has also been Bush's chief fund-raiser since 1978, and is a staunch advocate of "free markets and free enterprise." He is expected to focus primarily on domestic economic policy issues...
...governors, according to Monday's Wall Street Journal). Last week, Sen. Byron Dorgan (D-N.D.) implored the Fed to cut rates and avoid a recession before it was "too late." And a sizable minority of Wall Street went into Tuesday thinking Greenspan should have cut rates by a quarter-point, as a Christmas gift to the markets and as an acknowledgment that...
...will be Federal Reserve Chairman Alan Greenspan. The six straight interest-rate hikes he engineered from June 1999 to May 2000 have guided the economy into its present "soft landing." Those rate increases, designed to keep the expansion from overheating, slowed growth from a blistering 5.6% in the second quarter of this year to just 2.4% in the third. And if the economy should falter next year, the Fed could decide to lower rates again. Says Martin Baily, chairman of the President's Council of Economic Advisers: "Everyone believes Greenspan and his colleagues should continue to do the superb...
...subject (but notated in the same meter for all instruments) leads into the postlude, where repetitions of the minor third interval perhaps intentionally recall the last movement of Mahler's Das Lied von der Erde. The work ends as it begins, with practice-muted strings undulating through quarter tones...