21. Still most traders expected the Fed to take no action, citing evidence that economic growth is slowing on its own. 22. That suggests the U.S. economy is slowing on its own, just as Federal Reserve Chairman Alan Greenspan predicted in congressional testimony last month. 23. The cars slow on quiet Cloud Avenue so the occupants can roll down the window and point. 24. The economy will slow on its own in the coming months, he told Congress. 25. The economy has slowed on cue. 26. The Fed has held off raising rates this year on the theory that the economy would eventually slow on its own. 27. The loss of jobs last month bolstered the perception the economy will slow on its own, allowing the Fed to refrain from raising rates on overnight bank loans. 28. The optimists say the economy will slow on its own and inflation will stay under control. 29. The third quarter is typically slowed on Wall Street by summer holidays. 30. The U.S. Federal Reserve is unlikely to raise this rate any time soon since Chairman Alan Greenspan said Thursday the U.S. economy is likely to slow on its own. |